₦airaland Forum

At inception in 2012, not many people believed that JAIZ BANK would thrive in a tough business environment like ours because of the unique business model it was offering , infact, many of the financial pundit here on facebook was so cynical about the the bank operation and even projected that the Bank will not stand the test of time.

However, the Good new is that between then and now JAIZ BANK deposit has sky- rocketed by 1,433 % - from N3 BILLION TO 46 BILLION Today. It Management also recorded a unique feat on the Strength of it balance sheet going from N12 BILLION to N60 BILLION within the period. In addition, its asset financing has reached N30 BILLION just as its customer are over 150,000 across different ethnic and religious divide in the country.

The growth of JAIZ BANK has attracted global media and financial institutions. According to Economist, " Ernst & Young ...estimates that Islamic Banking assets grew at an annual rate of 17.6% between 2009 and 2013, and will grow by an average of 19.7%a year to 2018".

culled from Business Day. "A Focused Islamic Banking Dream" by Phillip Isakpa.

BABSIN:
At inception in 2012, not many people believed that JAIZ BANK would thrive in a tough business environment like ours because of the unique business model it was offering , infact, many of the financial pundit here on facebook was so cynical about the the bank operation and even projected that the Bank will not stand the test of time.

However, the Good new is that between then and now JAIZ BANK deposit has sky- rocketed by 1,433 % - from N3 BILLION TO 46 BILLION Today. It Management also recorded a unique feat on the Strength of it balance sheet going from N12 BILLION to N60 BILLION within the period. In addition, its asset financing has reached N30 BILLION just as its customer are over 150,000 across different ethnic and religious divide in the country.

The growth of JAIZ BANK has attracted global media and financial institutions. According to Economist, " Ernst & Young ...estimates that Islamic Banking assets grew at an annual rate of 17.6% between 2009 and 2013, and will grow by an average of 19.7%a year to 2018".

culled from Business Day. "A Focused Islamic Banking Dream" by Phillip Isakpa.

Wow

A bank with a vision

This is what we are talking about, inspite of the ailing economy,this bank is sure to stand because of the non-interest principles.
Interest banking only kills the economy. Will go to Ikeja to open an account there
Not may people know that Non-interest banking is the best for our economy

Olaide1295:
This is what we are talking about, inspite of the ailing economy,this bank is sure to stand because of the non-interest principles.
Interest banking only kills the economy. Will go to Ikeja to open an account there
Not may people know that Non-interest banking is the best for our economy

I surely would do to.

Olaide1295:
This is what we are talking about, inspite of the ailing economy,this bank is sure to stand because of the non-interest principles.
Interest banking only kills the economy. Will go to Ikeja to open an account there
Not may people know that Non-interest banking is the best for our economy

please how does it work. sir.