In November 2024, Masraf Al Rayan rebranded to AlRayan Bank. It provides shariah-compliant banking services through 13 branches in Qatar and has an international presence through subsidiaries in the U.A.E., the U.K., and France. In May 2024, the Aamal Company signed an agreement with AlRayan to purchase its 50% stake in Ci San Trading for $8.8 million. The Qatar Investment Authority owns 20.6% of AlRayan Bank.