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Current Account (Qard)
Savings Account (Mudarabah)
Jaiz Kids Account (Mudarabah)
JAPSA Term Deposit Account (Mudarabah)
Domiciliary Account
e-Channels

About Jaiz Bank Plc

Jaiz Bank PLC – the premier Non-Interest Bank in Nigeria commenced operations on the 6th of January, 2012 on a foundation of trust, professionalism and excellence to deliver innovative financial solutions and exceptional customer experience.

The Bank started with a Regional License obtained from the Central Bank of Nigeria to operate in the Northern part of the country and thereafter metamorphosed into a National Bank on the 12th of May 2016 with key presence in virtually all geopolitical zones of the country.

The Bank's core values are built on 7 principles with the acronym RESPECT; Responsibility, Entrepreneurship, Simplicity, Partnership, Excellence, Customer Focus and Trust. These core values drive the Bank towards achieving its vision to be the clear leader in ethical Banking in Sub-Saharan Africa.

Jaiz Bank is publicly quoted on the Nigerian Stock Exchange (NSE) with a balance sheet size of N233 billion (as at December 31st 2020) from N12 billion in 2012. Financing and Investment assets also grew from over N30 billion in 2012 to N166billion (as at December 31st 2020). Other critical parameters such as customer deposits, branch network and profitability have all been growing year–on–year since inception.

About Islamic Banking

Non-Interest Banking is a growing global phenomenon practised in nearly 80 countries across the world including the United Kingdom, Canada, the United States of America, the United Arab Emirates, Malaysia, China, Singapore, South Africa, Kenya etc. Global Banks like HSBC, Citibank, Barclays Bank, Standard Chartered etc. are also offering non-interest banking products and services.

It is an alternative financial service offering that is open to all, irrespective of race or religion. It is based on the ethical principles of fairness, transparency and objectivity. Non-Interest Banking offers almost all the services of conventional banks.

The difference is that Islamic Banks do not give or receive interest, nor finance anything that is harmful to the society like alcohol, tobacco, gambling etc. They also avoid gharar- speculation,  extreme uncertainty and deception. A significant portion of Nigerian population is desirous of ethical banking services which Non-Interest Banking is poised to deliver.

In a nutshell, Non-Interest Banking is real-economy oriented where profit and loss sharing arrangement, mark-up, leasing and partnership are mostly the mode of financing .

Working Hours

Mon - Fri.: 8:00 AM - 4:00 PM
Saturday: Closed
Sunday: Closed

Some of Our Products

Ijara Service
Jaiz General Consumer Finance
Jaiz Home Finance (Ijara wa Iqtina)
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