UK's First Alternative Islamic Digital Banking App

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Case Study

Client Industry

Sharia Compliant Digital Challenger Bank

Service Provided

To source and formulated Rizq’s senior management team, including the CEO, and raised the headcount from 6 to 15 members of staff in the space of a year.

Client Overview

Rizq is the UK’s fastest-growing alternative Islamic digital banking app, providing business and retail accounts that are secure, flawless, and incredibly effortless to register with.

Challenges Faced

Rizq approached us coming out of the pandemic as the number of candidates in the market was low, and the number of jobs advertised to those people was high. After obtaining funding they were looking to permanently hire their senior management team to expand the business. The firm had high-velocity growth plans to enable them to plan and maintain a substantial growth trajectory in both the short and long term.

As such, it needed a variety of expert financial leaders who could put their expertise and skillsets to use, accelerating growth in a calculated way. Rizq needed candidates to help it mature and bring in real stability.


The Rizq founders heard about Market Talent via their network and tasked us with finding roles, including CEO, Head of HR, Head of Compliance & Money Laundering Reporting Officer (MLRO), Head of Finance, and Head of Marketing. Each mandate was strategized and executed by the Market Talent team and provided successful long-term talent who made an impact right from the start.

It highlighted to the founders and investors of Rizq how vital an honest and highly pragmatic recruitment partner is to a business in an unusually competitive financial technology marketplace.

We understood that Rizq needed to source the right high-calibre people – and fast. So, we developed a well-defined plan and time frame.

As a principal part of our plan, we conducted screening interviews with potential candidates. Several candidates were chosen for an interview with the HR Manager, who found that all candidates were highly relevant.

After the final interviews, Rizq selected its preferred candidates who had the right skillsets and backgrounds for its requirements. We worked with Rizq to handle the process proficiently, providing insights into the current market and identifying fair salaries for each candidate’s experience level.

Key Achievements

Working with Market Talent, Rizq sourced all the roles it was looking for to lead them through significant financial growth. They didn’t want to work with recruiters who would be preoccupied with involvement in other areas. They also believed that finance is a nuanced sector, so seeking the expertise of a recruiter with a comprehensive understanding of different positions and responsibilities was critical.

Rizq was impressed by our finance specialism and found us open, honest, and experienced in recruiting finance professionals. The Founders also appreciated the chance to work with a recruiting firm that specialised in banking, as this would provide the exact insights needed to make the best possible hiring choice.

Through our efficient and responsive hiring process, we:

  • Took the time to listen to Rizq’s needs and criteria whilst developing a long-term relationship with the Founders.
  • Shortlisted a final selection of high calibre candidates that ticked every box.
  • Provided the firm with the structure and vision it needed through sourcing the right people who understood their community.
  • Rizq developed a clear plan and timeline for its recruitment.
  • The Founders are delighted with the loyalty, contributions and impact our hired candidates are making within the business.
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Peter at RIZQ

"Ryan and his team were instrumental in securing the right talent for our growth. They took the time to listen to our needs and criteria, and provided candidates that ticked every box"

Peter Trebelev

Founder / Head of Growth

An Agile and Lightweight Hiring Process

Market Talent is an equal opportunity employer – which means regardless of sex, race, colour, religion, age, ethnic or national origin, disability, or any other attributes of the same class – we’re just as welcoming and supportive.

We encourage everyone connected to our business to be comfortable in themselves and confident in the knowledge that it will never be a barrier to their opportunities for success and progression.

Our commitment stands for clients, candidates, and employees alike.