Masraf Al Rayan, a prominent financial institution headquartered in Qatar, has established itself as a leader in the Islamic banking sector since its inception in 2006. With a strong presence in the Middle East and North Africa, the bank focuses on providing Sharia-compliant banking solutions tailored to meet the diverse needs of its clients. The bank offers a range of core products and services, including retail banking, corporate banking, and investment services, all designed to uphold Islamic finance principles. Masraf Al Rayan is recognised for its innovative approach and commitment to customer service, positioning itself as a trusted partner in the financial landscape. Notable achievements include its consistent ranking among the top Islamic banks in the region, reflecting its robust market position and dedication to excellence in financial services.
How does Masraf al Rayan's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Masraf al Rayan's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Masraf al Rayan, headquartered in Qatar, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of information suggests that the bank may still be in the early stages of formalising its climate commitments or reporting on its carbon footprint. As the financial sector increasingly prioritises sustainability, it is essential for Masraf al Rayan to establish clear emissions data and reduction strategies to align with industry standards and contribute to global climate goals.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Masraf al Rayan is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.