Alhaji Mohammed Mustapha Bintube

Jaiz offers roadmap for African expansion

It is a common opinion that Africa offers excellent opportunities for the global development and expansion of Islamic finance. The bank's managing director, Alhaji Mohammed Mustapha Bintube, explained that the bank has made steady progress regarding number of accounts opened, number of deposits, and numbers of proposals that received on a daily basis. The bank offers various products in the field of retail such as Jaiz Home Finance, Jaiz Auto Finance, Jaiz Home Appliance Finance etc. After the approval of the shareholders, the bank plans to increase its capital base from N7bn to N12bn.

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Nigeria: We Will Spread Jaiz Bank Across Nigeria - Bintube

Alhaji Mohammed Mustapha Bintube, the Managing Director of Jaiz Bank Plc, stated that even though the bank started on a low key, it has been making steady progress in terms of number of accounts opened, deposits, and numbers of proposals received every day. Of course, there are some challenges the bank is facing which it intends to adress by relying on several publicity initiatives. The goal of these initiatives is to teach Nigerian people confidence about the new kind of banking model.

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