36:
399:
27:
267:. In pursuit of that goal, the bank had received approval to increase shareholders' capital from the then current value, to US$ 92.3 million (NGN:14.3 billion). In January 2013, print media reports indicated that, at that time, shareholder's equity in the bank exceeded US$ 71 million (NGN:11 billion). The bank applied for a national banking license, once it met its shareholders' capital objectives and was issued the license in 2016
168:
239:
As of
December 2012, 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). The Bank operates 27 branches and provides
279:
shares of Jaiz Bank, Plc, are privately held. Although the detailed shareholding remains largely unknown, the five major shareholder groups are depicted in the table below:
74:
606:
520:
158:
Savings
Account (Mudaraba),Current Account(Qard)Term Deposit Account, Sales Products,Leasing Products, Partnership Products (Financing)
67:
532:
557:
256:, the national banking regulator, to operate as a regional bank. On 6 January 2012, the institution commenced business as
228:
principles and is a non-interest bank. It is the first non-interest bank established in
Nigeria and is headquartered in
702:
497:
644:
264:
697:
435:
424:
374:
304:
253:
147:
63:
618:
384:
473:
8:
670:
536:
263:
In 2013, Jaiz Bank was in the process of expanding to urban centers in all states of the
389:
143:
474:"Nigeria: Jaiz Bank Records Operating Loss of N1.07 Billion in 2012 - Says Mutallab"
35:
583:
448:
379:
225:
49:
707:
561:
691:
57:
404:
233:
449:"Nigeria: Jaiz Bank Seeks National Licence With N8 Billion Fresh Capital"
240:
regular ATM service as well as online, mobile, and SMS banking services.
252:. On 11 November 2011, Jaiz International received a license from the
139:
221:
116:
87:
26:
276:
229:
177:
112:
217:
202:
671:"JAIZBANK.LG - | Stock Price & Latest News | Reuters"
498:"Jaiz Bank Plc: Private Company Information - Bloomberg"
619:"Jaiz Bank secures licence to deliver Islamic banking"
394:
171:
Aftertax:US$ 26.56 million (NGN:8.01 billion) (2018)
260:in offices and branches in Abuja, Kaduna and Kano.
689:
584:"Nigeria: Saudi Firm to Invest in Jaiz Bank"
446:
34:
25:
425:JAIZ Bank Appoints Bintube Board Chairman
607:Jaiz Bank Seeks National Banking Licence
436:Jaiz Bank Appoints Haruna Musa As MD/CEO
248:The institution was founded in 2003, as
40:Jaiz Bank Headquarters in Abuja, Nigeria
690:
581:
645:"Jaiz Bank obtains national licence"
471:
447:Anthony-Uko, N. S. E. (2012-07-05).
13:
14:
719:
397:
336:Nigerian Institutional Investors
167:
166:
663:
637:
611:
600:
316:Foreign Institutional Investors
16:Commercial Institute in Nigeria
575:
550:
533:"The Origins of Jaiz Bank Plc"
525:
514:
490:
465:
440:
429:
418:
183:N378.69billion (February 2023)
1:
472:Lere, Mohammed (2013-12-20).
411:
270:
138:Mohammed Mustapha Bintube (
7:
582:Ahmed, Idris (2013-01-30).
368:
265:Federal Republic of Nigeria
10:
724:
558:"Website of Jaiz Bank Plc"
346:Nigerian Private Investors
243:
703:Banks established in 2003
326:Foreign Private Investors
284:Jaiz Bank Stock Ownership
197:
187:
175:
162:
154:
132:
122:
108:
93:
83:
73:
55:
45:
33:
24:
521:History of Jaiz Bank Plc
375:List of banks in Nigeria
305:Islamic Development Bank
254:Central Bank of Nigeria
148:Chief Executive Officer
128:45 branches (2023)
625:. The Nation Newspaper
250:Jaiz International Plc
478:Premium Times (Abuja)
385:Interest-free economy
296:Percentage Ownership
651:. Vanguard Newspaper
623:The Nation Newspaper
588:Daily Trust (Abuja)
286:
189:Number of employees
124:Number of locations
21:
649:Vanguard Newspaper
453:Leadership (Abuja)
390:Economy of Nigeria
282:
19:
366:
365:
211:
210:
144:Managing Director
715:
698:Banks of Nigeria
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594:
579:
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570:
569:
560:. Archived from
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535:. Archived from
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508:
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488:
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484:
469:
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460:
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401:
400:
287:
281:
236:of the country.
224:operating under
207:
204:
180:
170:
169:
142:), Haruna Musa (
104:
102:
38:
29:
22:
18:
723:
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688:
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380:Islamic banking
371:
273:
246:
226:Islamic banking
201:
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176:
135:
125:
100:
98:
60:
41:
17:
12:
11:
5:
721:
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684:
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662:
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610:
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574:
549:
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564:on 2012-06-24
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539:on 2012-06-24
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502:bloomberg.com
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293:Name of Owner
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258:Jaiz Bank Plc
255:
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214:Jaiz Bank Plc
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20:Jaiz Bank Plc
674:. Retrieved
665:
653:. Retrieved
648:
639:
627:. Retrieved
622:
613:
602:
591:. Retrieved
587:
577:
566:. Retrieved
562:the original
552:
541:. Retrieved
537:the original
527:
516:
505:. Retrieved
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492:
481:. Retrieved
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456:. Retrieved
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420:
405:Banks portal
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355:
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234:capital city
213:
212:
178:Total assets
109:Headquarters
79:NGJAIZBANK05
46:Company type
676:11 February
655:20 February
629:20 February
203:jaizbankplc
692:Categories
593:2017-08-29
568:2012-07-05
543:2012-07-05
507:2018-03-09
483:2017-08-29
458:2017-08-29
412:References
134:Key people
271:Ownership
58:Traded as
369:See also
155:Products
140:Chairman
84:Industry
68:JAIZBANK
244:History
222:Nigeria
216:, is a
198:Website
163:Revenue
117:Nigeria
99: (
94:Founded
88:Banking
50:Private
361:100.00
232:, the
146:&
708:Abuja
356:Total
277:stock
230:Abuja
113:Abuja
678:2024
657:2019
631:2019
290:Rank
275:The
218:bank
205:.com
101:2003
97:2003
75:ISIN
220:in
193:499
64:NSE
694::
647:.
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115:,
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461:.
343:5
333:4
323:3
313:2
301:1
150:)
103:)
66::
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.