Al Rayan to grow intermediary channel
The bank also announced that it will launch a dedicated website for intermarries later in the year.
Currently just 13% of Al Rayan Bank’s assets sales come via the intermediary channel.
Sagheer Malik, senior sales manager at Al Rayan Bank, said: “The growth of the intermediaries channel is a key focus of the Bank, and raising awareness of Islamic home finance amongst the general mortgage intermediary market is an important part of the process.
“I’m delighted to welcome Saalik to the team; he has the right combination of knowledge and experience that we need to drive the growth of this important channel.”
Al Rayan Bank, founded in 2014, is first wholly Sharia compliant retail bank in the UK.