JAIZ BANK PLC

Jaiz Bank Plc, a pioneering institution in Nigeria's financial landscape, was founded in 2003 as Jaiz International Plc. It evolved to become the nation's first non-interest bank, receiving a regional operating license from the Central Bank of Nigeria in 2011 and commencing business as Jaiz Bank Plc in January 2012. The bank further expanded its reach, obtaining a national banking license in 2016, which solidified its position as a prominent provider of ethical financial services. Headquartered in Abuja, Jaiz Bank operates on Islamic banking principles, offering a distinct model that avoids interest-based transactions and focuses on ethical finance to individuals, corporations, and government entities across Nigeria. The bank's core business revolves around providing a comprehensive suite of Sharia-compliant financial products and services. These include various account types such as Savings Account (Mudaraba), Current Account (Qard), and Term Deposit Accounts, alongside a range of financing options like Sales Products, Leasing Products, and Partnership Products. Jaiz Bank also delivers modern banking conveniences through ATM services, online platforms (Jaiz Online), mobile banking (JaizMobile), and SMS banking, as well as specialized services like Agency Banking and Jaiz Pay. Its offerings extend to Sharia-compliant financing for both personal and business needs, encompassing trade finance, asset finance, and working capital solutions, all designed to foster socio-economic development within the Nigerian market.