23-05-2022
Masraf Al Rayan announced today the successful completion of the process of merging operations, following the merger with Al Khaliji Bank. Starting today, all banking operations have been grouped under one platform, and customers have received their new account numbers, and credit and debit cards embossed with the Masraf Al Rayan logo.
In this regard, Mr. Fahd bin Abdullah Al Khalifa, CEO of Masraf Al Rayan Group, commented: “We are pleased to announce the successful completion of the process of integrating operations under one seamless platform. This will help us in adding flexibility to our business, improving efficiency, and enhancing our products and services to our dear customers. We completed the legal merger process on December 1, 2021, and within a short period of no more than 6 months, we were able to complete the process of merging the operations.”
"Looking forward, our focus will be on pioneering the future of banking in Qatar, and becoming a major driver of Islamic banking, committed to supporting the growth and prosperity of our customers, and providing value to the country and its people," he added.
As a major regional player in the banking services sector, Masraf Al Rayan drives product innovation, while at the same time continuing to provide superior customer service, recognizing that it is the deciding factor in banking excellence and superiority. The bank recently launched the first Sharia-compliant green deposit in Qatar and the first sustainable financing options framework.
“Customer experience and product innovation are at the heart of how we think and operate,” concluded Mr. Fahad.