Savings Account (Mudarabah)

Personal Banking

Jaiz Savings Account is operated based on the principle of Mudarabah (Partnership). The account allows customers to earn profit on their deposits. Account holders are considered as investors while the Bank act as the Fund Manager and invest funds into financially profitable, socially responsible and commercially viable business ventures which are Shariah-compliant. Gross profit made from the investment is distributed at the end of every month based on customer's account balance and the pre-agreed profit-sharing ratio between the Bank and Customer.


  • Monthly profit payment
  • Instant Debit Card (Verve or Mastercard) issuance
  • Access to Internet, Mobile and USSD banking services Cheque/Dividend lodgment Warrant (up to N2 Million face value)
  • Free monthly E-Statement of Account

For further enquiries on any of our products and services kindly contact us on 07007730000 or email us:

Current Account (Qard)
Jaiz Kids Account (Mudarabah)
JAPSA Term Deposit Account (Mudarabah)