AlRayan Bank QPSC 2022 AR2
The report highlights Masraf Al Rayan's milestone achievements in 2022, following its successful operational integration with Al Khalij Commercial Bank. The bank launched its Sustainable Finance Framework, introducing Qatar's first Shari'a-compliant green deposit and Islamic sustainable financing framework. Financially, the bank achieved a net profit of QAR 1,344 million, with total assets reaching QAR 167.5 billion. On the social front, the bank made significant progress in its Qatarization strategy, with Qatari nationals comprising 36% of the workforce and 80% of the C-suite, while also contributing QAR 35.6 million to sports, cultural, and charitable activities.
Company: AlRayan Bank QPSC
Sector: Financials
Country: Qatar
Year: 2022
Type: AR2
Pages: 96
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AlRayan Bank QPSC
Annual Report
The report highlights Masraf Al Rayan's milestone achievements in 2022, following its successful operational integration with Al Khalij Commercial Bank. The bank launched its Sustainable Finance Framework, introducing Qatar's first Shari'a-compliant green deposit and Islamic sustainable financing framework. Financially, the bank achieved a net profit of QAR 1,344 million, with total assets reaching QAR 167.5 billion. On the social front, the bank made significant progress in its Qatarization strategy, with Qatari nationals comprising 36% of the workforce and 80% of the C-suite, while also contributing QAR 35.6 million to sports, cultural, and charitable activities.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available