Charai 'emerges as favourite' for head coach job after Rangers exit
The former Rangers assistant's contract was mutually terminated following Russell Martin's appointment.
Charai could soon be back on the touchline, with Belgian club Westerlo reportedly interested in him.
Timmy Simons, appointed last year, is in doubt of his position at Westerlo, and journalist David Van der Broeck claims Charai is the top contender to replace him.
Charai expressed gratitude to Rangers upon his departure.
He told the club's website: "As I leave Rangers, I want to thank everyone at the club for their support during my time here.
"This is a really special club, and as it enters a new era, I want to wish everyone associated with the club the very best for what comes next."
He also thanked the fans, saying: "Above all, I want to thank the Rangers supporters for their amazing backing across the period.
"We had some high moments and some low moments, but their support was the constant.
"It is something I will always remember and be forever grateful for."
Rangers issued a statement confirming Charai's departure.
It read: "Rangers can today confirm the departure of Issame Charai from the men's first-team coaching staff.
"Charai, who joined the club in January to assist Philippe Clement, remained on the coaching staff through Barry Ferguson's spell in charge.
"However, following the appointment of Russell Martin as head coach, it has been mutually agreed for Charai to move on with the best wishes of everyone at Rangers."
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