Jaiz Bank
Jaiz Bank Plc, is a bank in Nigeria operating under Islamic banking principles and is a non-interest bank. It is the first non-interest bank established in Nigeria and is headquartered in Abuja, the capital city of the country.
Jaiz Bank Headquarters in Abuja, Nigeria | |
| Company type | Private |
|---|---|
| Industry | Banking |
| Founded | 2003 |
| Headquarters | Abuja, Nigeria |
Number of locations | 45 branches (2023) |
Key people | Mohammed Mustapha Bintube (Chairman), Haruna Musa (Managing Director & Chief Executive Officer) |
| Products | Savings Account (Mudaraba),Current Account(Qard)Term Deposit Account, Sales Products,Leasing Products, Partnership Products (Financing) |
| Revenue | Aftertax:US$26.56 million (NGN:8.01 billion) (2018) |
| Total assets | N378.69billion (February 2023) |
Number of employees | 499 |
| Website | jaizbankplc |
As of December 2012, the bank was a medium-sized, financial services provider in Nigeria. At that time, the bank's total assets were valued at US$88.8 million (NGN:14.1 billion), with shareholders' equity of about US$63.6 million (NGN:10.1 billion). The Bank operates 27 branches and provides regular ATM service as well as online, mobile, and SMS banking services.
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