Jaiz Bank Plc projects to deliver a Profit Before Tax of N316.281 million for the second quarter of this year as against N203.679 million realized in the first quarter. The Bank also forecasts a total income of N2.4 billion within the period under review compared...

….Share Capital stand at N15bn The Managing Director of Jaiz Bank, the pioneer Non-Interest bank, Mallam Hassan Usman has said the bank’s humble beginning with N3.5billion deposit base in 2012 has grown to N60 billion in 2017. He also said that with a share capital of...

Many economies have realized that conventional financing system could not withstand novel crisis which sprouts with multifarious symptoms. Free-interest financing concept has became a promising global finance model. Nigeria since 2012 has embraced the concept with the establishment of Jaiz Bank. In 2014 Jaiz Takaful...

Jaiz Bank has added N36 billion to the total market capitalisation of the Nigerian Stock Exchange ( NSE) following the official listing of its ordinary shares of N29.4 billion of 50kobo each at N1.25. Speaking at the ‘Facts behind the listing’, the Chief Executive of...

The Board of Directors of the first Islamic bank in Nigeria, Jaiz Bank Plc has appointed Hassan Usman as the substantive managing director to run the affairs of the bank. His appointment was, however, subjected to the approval of Central Bank of Nigeria (CBN). The decision...