Doha, November 04 (QNA) - Masraf Al Rayan, a Qatari public shareholding company, has announced its intention to acquire the minority shares - amounting to 1.66 percent of the share capital - in its UK subsidiary, Al Rayan Bank Plc (formerly the Islamic Bank of Britain), hereinafter referred to as "ARB." According to a statement published on the Qatar Stock Exchange website on Monday, the subsidiary is registered and established under the laws of England and is licensed by UK regulatory authorities. The statement clarified that the acquisition process will be subject to obtaining approval from the minority shareholders. (QNA)