Company type | Private |
---|---|
NSE:JAIZBANK | |
ISIN | NGJAIZBANK05 |
Industry | Banking |
Founded | 2003 |
Headquarters | Abuja, Nigeria |
Number of locations | 45 branches (2023) |
Key people | Mohammed Mustapha Bintube (Chairman),[1] Haruna Musa (Managing Director & Chief Executive Officer)[2] |
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 |
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.[3]
As of December 2012[update], 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).[4] The Bank operates 27 branches and provides regular ATM service as well as online, mobile, and SMS banking services.[5]