AlRayan Bank QPSC 2024 AR2
The report highlights AlRayan Bank's performance and strategic progress in 2024, marked by the launch of its three-year 'LEAD' strategy and a refreshed brand identity. Financially, the bank achieved a net profit of QAR 1,507 million, representing a 3.8% increase year-on-year, with total assets reaching QAR 171.1 billion. On the sustainability front, AlRayan Bank became the first Islamic bank in Qatar to join the Partnership for Carbon Accounting Financials (PCAF) and successfully completed the first Islamic ESG KPI-linked repo transaction. Additionally, the bank expanded its green and sustainable investment book by investing approximately USD 160 million in green and sustainable Sukuks.
Company: AlRayan Bank QPSC
Sector: Financials
Country: Qatar
Year: 2024
Type: AR2
Pages: 234
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AlRayan Bank QPSC
Annual Report
The report highlights AlRayan Bank's performance and strategic progress in 2024, marked by the launch of its three-year 'LEAD' strategy and a refreshed brand identity. Financially, the bank achieved a net profit of QAR 1,507 million, representing a 3.8% increase year-on-year, with total assets reaching QAR 171.1 billion. On the sustainability front, AlRayan Bank became the first Islamic bank in Qatar to join the Partnership for Carbon Accounting Financials (PCAF) and successfully completed the first Islamic ESG KPI-linked repo transaction. Additionally, the bank expanded its green and sustainable investment book by investing approximately USD 160 million in green and sustainable Sukuks.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees