Description
Jaiz Bank Secretariat Road Saki Oyo State Branch Oyo Details
Address: Oke-Dio Junction, Secretariat Road, Saki – Oyo State.
Helpline/Phone Number: +234 708 063 5500/ +234 708 063 5589
Email: info@jaizbankplc.com/ customercare@jaizbankplc.com
Timing: Mon – Fri / 8:00 AM – 4:00 PM
SWIFT/Sort Code: JAIZNGLA
Jaiz Bank Website: https://jaizbankplc.com/
About Jaiz Bank
The Bank started with a Regional License obtained from the Central Bank of Nigeria to operate in the Northern part of the country and its transformation to a National Bank on the 12th of May 2016 with key presence in virtually all the geopolitical zones of the country.
The Bank’s core values are built on 7 principles with the acronym RESPECT; Responsibility, Entrepreneurship, Simplicity, Partnership, Excellence, Customer Focus and Trust. These core values are the guiding force that empowers the Bank to project towards its vision to be the clear leader in ethical Banking in Sub-Saharan Africa.
The difference is that non-interest Islamic Banks do not give or receive interest, nor finance anything that is harmful to society like alcohol, tobacco, gambling etc. They also avoid gharar- speculation, extreme uncertainty and deception.
The Potential for Non- Interest Bank in Nigeria
The business potential for a Non-Interest Bank in Nigeria are enormous as such an institution has long been awaited by a large population of Nigerians from all parts of the country. Jaiz Bank’s strategic business focus is mainly on retail banking, the Bank nevertheless offers corporate and commercial banking services. The Bank’s retail focus will enable it to service the majority of Nigerians who wish to do away with Riba (Usury) in their daily activities.
What the Bank will be
- 100% Shari’ah compliant
- Highly ethical, with best practice corporate governance and sound risk management framework.
- Proactive and innovative towards customer’s needs
- Best-practice operations and functional framework
- Customer-Centric
- Socially responsible
- Fair to all Stakeholders
- Ideal business partner
What the Bank will not be
- Religious bias
- Offer all things to all people
- Mediocre performer
- Imitate other banks
- Sacrifice Shari’ah principles for profit