Shareholders of Jaiz Bank Plc, the premier non-interest bank in Nigeria, have approved the Bank’s proposed first dividend payment of N0.03 kobo per 50 kobo ordinary share for the year ended 2019. At its 8 th Annual General Meeting (AGM) held at the Bank’s Head Office in Abuja yesterday, chairman of the Bank Alhaji (Dr.)
The Managing Director of the Jaiz Bank PLC, Hassan Usman has revealed the successes of the Bank’s Green Account at the inaugural Islamic Finance and the UN Sustainable Development Goals (SDGs) Taskforce virtual meeting. Usman said Jaiz Bank in collaboration with its development partners like United Nations Development Programme (UNDP), Abuja Environmental Protection Board (AEPB)
Jaiz Bank Plc, the premier non-interest (Islamic) bank in Nigeria has reported Profit Before Tax growth of 33.63 percent in the first quarter of 2020 (636.7million), when compared to what was realized in the corresponding period of 2019 (N476.5 million). Key excerpts from its report and accounts for the period ended March 31, 2020, the
Jaiz Bank Plc, the premier non-interest (Islamic) Bank in Nigeria has released its 2019 Audited results for the period ended December 31st, 2019, declaring a Profit After Tax (PAT) of N2.4bn. This represents a massive leap of 193% from N834.4m realized in the corresponding period of 2018. In the report submitted to the Nigerian Stock
Jaiz Bank Plc, the premier non-interest bank in Nigeria has resumed selling of foreign exchange to operators of Small and Middle Enterprises (SMEs) to open up businesses and boost the nation's economy amidst Covid-19 pandemic. The stated in a statement that the foreign exchange transanctions is also available to parents to pay their children's school
The management of Jaiz Bank Plc led by the Managing Director/CEO Hassan Usman yesterday visited Governor Babagana Umara Zulum in Maiduguri to commiserate with him over the resurgent attacks in Borno State. During the visit, the MD presented relief materials, comprising of food and non-food items to the Governor for distribution to victims of the
Jaiz Bank Plc, the premier non-interest (Islamic) Bank in Nigeria has declared a profit after tax of N1.79 billion in its 2019 unaudited financial results as submitted to the Nigerian Stock Exchange (NSE), signifying 114% growth when compared with the N834.36 million recorded at the end of 2018. Key extracts of the report showed that
Jaiz Bank Plc., the premier non-interest bank in Nigeria has been assigned positive rating by the Islamic International Rating Agency (IIRA). This is the first rating for the Bank as the first Sharia compliant bank in the country. The Bank gets an investment grade rating of BBB (Triple B) for the medium to long-term and
