Masraf Al Rayan

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Recent Articles

• Moody’s assigns A3 long-term rating to Masraf Al Rayan12 August 2009

  Ratings agency begins coverage of Qatar-headquartered Islamic lender.

• Qatar's Masraf profits up on financing and fees20 July 2009

  Islamic lender reports an almost five-fold rise in second quarter net profits.

• Masraf Al Rayan bank signs services deal with MEEZA4 February 2009

  MEEZA to provide data centre services to Islamic bank to deliver secure and stable solutions to customers

• Masraf Al Rayan Q2 profit $8.5mn28 July 2008

  Qatari Islamic lender posts second-quarter net profit of $8.54mn, far short of analysts' forecast.

• Go-ahead given for $64mn property deal7 July 2008

  Qatari Islamic lender Masraf Al Rayan gets green light to take 20% share in Omani real estate firm.

• Qatar's Masraf eyes Oman property stake26 June 2008

  Qatari Islamic Bank says looking to take 20% stake in Omani property firm to tap opportunities.

• Masraf Al-Rayan eyes Libyan expansion5 June 2008

  Qatari Islamic bank looking for 'commercial and investment banking opportunities' in Libya.

• Masraf Al Rayan announces $59.85mn Q1 profit21 April 2008

  Qatar's second-biggest Islamic lender says 2008 first-quarter profit grew five-fold.

• Qatar finalises $2.5bn Chelsea Barracks loan3 March 2008

  Loan complies with Islam's ban on interest, will also help cover development costs.

• Qatar's Rayan sees profit rocket tenfold9 October 2007

  Country's third-largest Islamic bank posts net income of $105.1mn, beating industry expectations.

• Qatari bank sees nod for more foreigner stocks1 October 2007

  Islamic bank Masraf Al Rayan expects to receive approval to boost shares open to foreign ownership.

• Rayan buys into Saudi personal finance market30 September 2007

  Qatari Islamic lender splashes $320mn for 20% stake in new Saudi consumer finance firm.