Jaiz Bank PLC
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About the Company
Jaiz Bank PLC, established in 2003, is Nigeria’s first non-interest bank, operating under Islamic banking principles. Headquartered in Abuja, the bank offers a range of financial services, including savings, current, domiciliary, investment, and term deposit accounts. Jaiz Bank has experienced significant growth, with its balance sheet expanding from ₦12 billion in 2012 to approximately ₦379 billion as of December 31, 2022. The bank’s financing and investment assets also grew from over ₦30 billion in 2012 to ₦249 billion by the end of 2022.
Leadership Team
- Alhaji (Dr.) Umaru Abdul Mutallab – Chairman
- Mr. Hassan Usman – Managing Director/CEO
- Mr. Mahe Abubakar – Executive Director, Business Development
- Mr. Abdulfattah Amoo – Chief Financial Officer
Corporate Social Responsibility (CSR)
Jaiz Bank PLC is committed to corporate social responsibility through initiatives that promote education, community development, and environmental sustainability. The bank supports various programs aimed at improving the quality of life in its host communities, emphasizing ethical practices and social impact.
Company Milestones
- 2003: Incorporated as Jaiz International PLC.
- 2012: Commenced operations as Jaiz Bank PLC with branches in Abuja, Kaduna, and Kano.
- 2016: Obtained a national banking license, expanding its reach across Nigeria.
- 2022: Achieved a balance sheet size of ₦379 billion and financing and investment assets of ₦249 billion.
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