Masraf Al Rayan (QPSC) (“Bank”) was incorporated as a Qatari Shareholding Company under the Qatar Commercial Company Law, on 4th January 2006, and licensed by Qatar Central Bank. As per its Articles of Association; Masraf Al Rayan is engaged in banking, financing and investing activities in conformity with the principles of Islamic Sharia Laws. Headquartered in Doha, with a fully paid-up capital of QAR 7.5 bn (USD 2.1 bn), Masraf Al Rayan started operations in October 2006.