Jaiz Bank

Overview

Jaiz Bank is NGX: JAIZBANK + Nigerian Islamic bank + Nigeria's first non-interest banking + Islamic commercial bank + Dantata family + Ahmed Tijani Aminuddin Dantata + Nigerian institutional + foreign investors free float [1, ng-cro].

History

Aug 6 2003 — Jaiz Bank International founded as Nigerian non-interest banking + Islamic commercial bank initiative.

2011 — Jaiz Bank Nigerian non-interest banking + Islamic commercial bank license.

Jan 2017 — Jaiz Bank NGX IPO under ticker JAIZBANK.

2014 — Jaiz Mobile banking app launch.

Ownership & operator

Operating entity: Jaiz Bank Plc (Nigerian Islamic bank; NGX: JAIZBANK).

Major shareholders: Dantata family + Ahmed Tijani Aminuddin Dantata + Islamic Development Bank IDB Group ~~7%+ + Nigerian institutional + foreign investors free float.

Regulators: CBN Central Bank of Nigeria + Shariah Supervisory Board.

Technical integration

Jaiz Mobile app (iOS + Android) + jaizbankplc.com online + Jaiz Bank branch network across Nigeria + Jaiz Visa + Mastercard + Verve cards; NG IBAN + NIBSS Instant Payments + NQR Nigeria + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).

Implementations & partners

Major Nigerian banking + Islamic banking + payments competitors: [[zenith-bank]] (Zenith Bank; NGX: ZENITHBANK) + [[first-bank-nigeria]] (First Bank of Nigeria FBN; NGX: FBNH; Nigeria's oldest commercial bank since 1894) + [[gtbank]] (Guaranty Trust Bank GTBank; NGX: GTCO) + [[access-bank]] (Access Bank; NGX: ACCESSCORP; Nigeria's #2 commercial bank by assets) + [[uba]] (UBA United Bank for Africa; NGX: UBA; Pan-African banking group) + [[union-bank-nigeria]] (Union Bank of Nigeria UBN; NGX: UBN) + [[fidelity-bank-nigeria]] (Fidelity Bank Nigeria; NGX: FIDELITYBK) + [[wema-bank]] (Wema Bank; NGX: WEMABANK) + [[sterling-bank-nigeria]] (Sterling Bank; NGX: STERLINGNG) + [[fcmb-nigeria]] (First City Monument Bank FCMB; NGX: FCMB) + [[ecobank]] (Ecobank Transnational Inc; ETI; Pan-African banking group) + [[stanbic-ibtc]] (Stanbic IBTC; NGX: STANBIC; Standard Bank Group Nigerian subsidiary) + [[polaris-bank]] (Polaris Bank Plc).

Regulators: CBN Central Bank of Nigeria + Shariah Supervisory Board.

Status

Active, NGX:JAIZBANK + Nigerian Islamic bank + Nigeria's first non-interest banking + Islamic commercial bank + Dantata family + Ahmed Tijani Aminuddin Dantata + Nigerian institutional + foreign investors free float [1, 2].

Sources

• 1 Jaiz — official
• 2 Jaiz — Wikipedia
• ng-cro In-corpus: reports/countries/NG-nigeria.md

Source

Biography extracted from jaiz-bank.md. See matrix.md for standards-support matrix if present.