# Masraf Al Rayan

> Source: https://docs.barcoder.ai/docs/wallets/al-rayan-bank
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Al Rayan — official](https://www.alrayan.com/)

## Overview

**Masraf Al Rayan** is **QE: MARK** + **Qatari Islamic bank** + **one of Qatar's largest Islamic banks by assets** + **Qatar Investment Authority QIA Qatar sovereign wealth fund + Qatar Foundation controlling minority + Al Khalij Commercial Bank al Khaliji Nov 30 2021 ~$11.4B merger consolidation** <sup>[1][1], [Qatar report](https://docs.barcoder.ai/docs/payments/QA)</sup>.

## History

**Jan 4 2006 — Masraf Al Rayan founded as Qatari Islamic bank** distinctive Qatari Islamic banking heritage.

**2014 — Al Rayan Mobile Banking app launch**.

**Nov 30 2021 — Masraf Al Rayan + Al Khalij Commercial Bank al Khaliji merger consolidation for ~$11.4B forming Qatar's #2 Islamic bank**.

## Ownership & operator

**Operating entity**: **Masraf Al Rayan** (Qatari Islamic bank; QE: MARK).

**Major shareholders**: **Qatar Investment Authority QIA (Qatar sovereign wealth fund) + Qatar Foundation controlling minority + Qatari retail + institutional + foreign investors free float**.

**Regulators**: **QCB Qatar Central Bank + DSN Shariah Supervisory Board**.

## Technical integration

Al Rayan Mobile Banking app (iOS + Android) + alrayan.com online + Masraf Al Rayan branch network across Qatar + Al Rayan Bank UK Islamic banking subsidiary + Al Rayan Visa + Mastercard cards; QA IBAN + NFC Qatar + Qatar Mobile Payments + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).

## Implementations & partners

**Major Qatari banking + Islamic banking + payments competitors**: [QNB Group (QNB Mobile)](https://docs.barcoder.ai/docs/wallets/qnb-group) (QNB Group; QE: QNBK; Qatar's largest commercial bank by assets) + [QIB (Qatar Islamic Bank)](https://docs.barcoder.ai/docs/wallets/qib) (Qatar Islamic Bank; QE: QIBK; Qatar's largest Islamic bank by assets) + [Commercial Bank of Qatar (CBQ)](https://docs.barcoder.ai/docs/wallets/commercial-bank-qatar) (Commercial Bank of Qatar CBQ; QE: CBQK; Qatari commercial bank) + [Doha Bank](https://docs.barcoder.ai/docs/wallets/doha-bank) (Doha Bank; QE: DHBK; Qatari commercial bank) + [Qatar International Islamic Bank](https://docs.barcoder.ai/docs/wallets/qatar-international-islamic) (Qatar International Islamic Bank QIIB; QE: QIIK; Qatari Islamic bank) + Ahli Bank (Ahli Bank Qatar; QE: ABQK; Qatari commercial bank).

**Regulators**: QCB Qatar Central Bank + DSN Shariah Supervisory Board.

## Status

**Active, QE:MARK + Qatari Islamic bank + one of Qatar's largest Islamic banks by assets + Qatar Investment Authority QIA Qatar sovereign wealth fund + Qatar Foundation controlling minority + Al Khalij Commercial Bank al Khaliji Nov 30 2021 ~$11.4B merger consolidation** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.alrayan.com/ "Al Rayan — official"
[2]: https://en.wikipedia.org/wiki/Masraf_Al_Rayan "Masraf Al Rayan — Wikipedia"
[qa-cro]: https://docs.barcoder.ai/docs/payments/QA

- [1] [Al Rayan — official][1]
- [2] [Masraf Al Rayan — Wikipedia][2]
- <sup>[Qatar report](https://docs.barcoder.ai/docs/payments/QA)</sup> In-corpus: `reports/countries/QA-qatar.md`

## Source

Biography extracted from [al-rayan-bank.md](https://docs.barcoder.ai/source/wallets/al-rayan-bank). See `matrix.md` for standards-support matrix if present.