Islamic Bank, Jaiz, Begins Business In 3 Branches - Politics - Nairaland
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| Islamic Bank, Jaiz, Begins Business In 3 Branches by solaugo(m): 6:19am On Feb 16, 2012 |
NIGERIA’S first licensed Islamic bank, Jaiz Bank Plc, has commenced full operations of non-interest commercial banking in Nigeria from three branches in Abuja, Kaduna and Kano. A staff of the bank, in its Abuja office, informed the Economic Confidential that most of the early customers were groups of business institutions and private individuals from different religious affiliations making enquiries, as well as opening different accounts. The officer said the service of the bank was opened to everyone interested in the non-interest products. The introduction of Islamic banking was part of a drive by the Central Bank of Nigeria (CBN) to propel Nigeria’s economy and promote financial inclusion by introducing alternative products. At its inaugural annual general meeting, chairman of Jaiz Bank, Alhaji Umar Mutallab, said “this kind of banking is for all religions, because no religion wouldn’t want to help, especially funding critical project without using interest elements. Whether it is Christianity or Judaism, every community wants to borrow money without being bugged down with multi-layer interest structure. |
| Re: Islamic Bank, Jaiz, Begins Business In 3 Branches by solaugo(m): 6:20am On Feb 16, 2012 |
| Re: Islamic Bank, Jaiz, Begins Business In 3 Branches by Myself2(m): 8:04am On Feb 16, 2012 |
solaugo: Mutallab  |
| Re: Islamic Bank, Jaiz, Begins Business In 3 Branches by SIRNIMS(m): 3:25pm On Sep 07, 2012 |
Thank you. |
| Re: Islamic Bank, Jaiz, Begins Business In 3 Branches by hakanai(m): 5:32pm On Sep 07, 2012 |
Old news about them opening.They just recorded 10 billion naira and growing.Hopefully they are planning to spread there branches to more states.Based on there last update!!! goodluck Jaiz bank.I have an account with them and there proposed car loan package is flexible,which am considering.Much good things than what the hatefull hope to see!!!  |
| Re: Islamic Bank, Jaiz, Begins Business In 3 Branches by visionbiafra: 10:26pm On Sep 07, 2012 |
Yawns |
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