Jaiz Bank Plc, the Premier Non-Interest Bank in Nigeria has released its audited financial results for the period ended 31 December 2021. The results as released to the Nigerian Exchange Group, showed a 43% growth in Profit Before Tax from N3.07billion in December 2020 to N4.37 billion in December 2021. This is on the backdrop
Financial results of Jaiz Bank Plc for the second quarter ended 30 June 2021 was released to the Nigerian Stock Exchange, showing a 70.6% growth in Profit After Tax (PAT), from N1.17 billion declared in June 2020 to N1.99 billion at the end of June 2021. The Bank’s Total Income for the period under review grew by 42.1% from N6.23 billion
The pioneer Non-Interest Bank in Nigeria, Jaiz Bank Plc clocked 10 years yesterday, having commenced operations on the 6th of January 2012 with 3 branches in Abuja, Kaduna and Kano. Despite paying the huge costs associated with pioneering, the Bank was able to break even within the first three years of operation, which was unprecedented at
Financial result of Jaiz Bank Plc for the first quarter ended 31 March 2021 was released to the Nigerian Stock Exchange, the result show that the Bank’s gross revenue increased by 43% over the same period last year, from N4.18 billion to N5.99 billion. Profit before taxation increased significantly by 54% which amounted to N979.17 million as against N636.69 million recorded in the same period
Jaiz Bank Plc, the premier non-interest bank in Nigeria has appointed three new directors to fill existing vacancies as well as furthering the Bank’s succession plan. The appointments have been approved by the Central Bank of Nigeria and forwarded to the Nigerian Stock Exchange. The appointees include Mrs. Aisha Waziri Umar and Dr. Abdullateef Bello
Jaiz Bank Plc, the premier non-interest Bank in Nigeria and the National Hajj Commission of Nigeria (NAHCON) have signed a Hajj Savings Scheme that would make it easier for every Muslim in the country to perform the annual hajj pilgrimage to Saudi Arabia. Chairman of Jaiz Bank Alhaji (Dr.) Umaru Abdul Mutallab and Managing Director
Jaiz Bank Plc, Nigeria’s premier non-interest bank has been awarded as the Most Improved Islamic Bank 2020 in the world by the Global Islamic Finance Awards (GIFA). The Global Islamic Finance Awards (GIFA) are one of the most prestigious awards in Islamic banking and finance. Other prestigious awards are Islamic Development Bank Prize in Islamic
Jaiz Bank Plc, Nigeria’s premier non-interest (Islamic) bank has recorded another impressive performance in the first half of this year amidst Covid-19 lockdown as it continued to improve its cost efficiency and risk management. The Bank’s half year results ended June 30, 2020 which was submitted to the Nigerian Stock Exchange (NSE) showed that profits
