THE MIDDLE EAST’S
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2024/06/06091958/43-Masraf-Al-Rayan.jpg)
43. Masraf Al Rayan
Country: Qatar
Sector: Banks & Financial Services
Group CEO: Fahad Al Khalifa
Market Value: $6.3 billion
Sales: $2.7 billion
Profits: $407 million
Assets: $45.1 billion
Masraf Al Rayan provides Shariah-compliant banking services through 16 branches and over 111 ATMs across Qatar. It also operates internationally, with subsidiaries in the U.A.E., the U.K., and France. In February 2024, U.K.-based Al Rayan Bank partnered with Educate A Child International to launch a new fixed-term deposit aimed at advancing education for marginalized and vulnerable children and young people.