UK’s oldest Islamic bank showcases major sustainability milestones in new report
The UK’s oldest Islamic bank, AlRayan Bank, has published its 2025 Sustainability Report and announced significant progress in its environmental, social and governance (ESG) commitments.
The report highlights a series of achievements demonstrating the Birmingham based bank's commitment to ethical and sustainable banking and making a positive impact on society.
It showcases how the bank has maintained carbon neutrality for the third consecutive year, offsetting all operational emissions through verified schemes, and how 100 per cent renewable energy now powers all of its UK offices, supporting the transition to a low-carbon economy.
The bank has reduced its paper usage by 75 per cent since 2019, driven by digital-first initiatives and customer engagement, as well as increasing rail travel by 78 per cent for domestic business travel.
It has donated £74,578 to UK charities in 2024, along with offering continued support for global education projects through its ‘Educate a Child International’ partnership.
The bank has also introduced an employee volunteering scheme, offering paid time off for community work, as well as expanding wellbeing and health initiatives - including free health screenings, mental health first aiders, and creative programmes.
Its electric car scheme has also saved nearly 11,000 kg of CO₂, with 12 EVs ordered and EV charging points installed at the bank’s Birmingham office.
Giles Cunningham, CEO of AlRayan Bank, said: “Sustainability is an important focus within the bank’s long-term strategy. The progress we’ve made over the last year reflects our ongoing commitment to reducing our environmental impact, supporting our people, and contributing positively to society. We’re encouraged by our achievements so far but recognise there is more to do.”
Harpreet Dhillon, chief people and sustainability officer, added: “Our ESG journey is about embedding responsibility into every decision we make. From maintaining carbon neutrality and powering our offices with renewables, to reducing paper by 75 per cent and introducing inclusive new wellbeing programmes, we’re creating a culture that values both people and the planet. These initiatives are not just policies – they’re actions that make a real difference.”
