Jaiz International Bank

JAIZ wins three awards at Global Islamic Microfinance Forum

Nigeria-based Jaiz International Bank has won three awards at the 6th Global Islamic Microfinance Forum (GIMF) organised by Centre of Islamic Banking and Economics in Nairobi, Kenya. The organisation and its associated institutions, Jaiz Charity and Development Foundation, Jaiz Takaful Insurance, Jaiz Zakat and Waqf Trust Fund won the awards. The awards are Lifetime Achievement Award bestowed on the Chairman of Jaiz Foundation, Alhaji Umar Abdul-Mutallab, CON; Best Corporate Social Responsibility Award to Ambassador Adamu Babangida Ibrahim, Director General/CEO, Jaiz Charity and Development Foundation and The Best Rising Islamic Microfinance Personality Award was awarded to the Managing Director of Jaiz Takaful Insurance, Mr. Momodou Musa Joof.

Benefits of non-interest banking, by Bintube

In a recent interactive session with journalists in Lagos, Mohammed Bintude, Manging Director and Chief Executive Officer of Jaiz International Bank, discussed the intoduction of Islamic banking in Nigeria. He stated that in spite of the initial controversial reception, Jaiz Bank Plc is now fully operational. Moreover, there are plans of nation wide expansion of the bank.

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