The Emir of Gwandu and Chairman, Kebbi State Council of Chiefs, Alhaji Muhammad Bashar, has urged banks in Nigeria to emulate Islamic Jaiz Bank Plc soft banking policies and principles of making life better for the people.

The monarch gave the advice in Birnin Kebbi when he received the Managing Director of the bank, Malam Hassan Usman, who paid him a courtesy call.

He described the emergence of the bank as timely in view of its banking principles, devoid of interest toward making life meaningful to all its customers.

“Jaiz bank, although an Islamic bank, is accepted even in Western countries because of its transparent policies and principles of making life better for the people.

“I really commend you and your resilience in spite of the challenges you faced before you got to where you are today, ‘’ Bashar said.

Earlier, the managing director of the bank, said the visit was in appreciation of the support and cooperation rendered by the Emir toward the establishment of the bank.

He said the bank started operations five years ago with provisional approval to open three branches in Abuja , Kaduna and Kano, adding that “the CBN has now given us approval to open branches nationwide’’.

“We have 27 branches with three new ones to be established in February this year,’’ Usman said.

According to him, when the bank started its operation, it had only N5 billion capital but now it has risen to N15 billion and N10 billion will also be added to make it N25 billion before the end of the year.

Usman said that customers’ savings had risen from N12 billion to N50 billion.

“The bank’s operational system is devoid of interest, unlike other conventional banks and even Non-Muslims can save and benefit from the bank’s loan,’’ he said..

The first person to benefit from our package is a Non-Muslim and I am happy that even the conventional banks are now adopting some of our principles, ‘’ he said.

http://www.kikiotolu.com/2017/01/all-nigerian-banks-should-emulate.html

Tomorrow d will now say copy the way the dress

stories.

Is this a courtesy call or an advertisement?



Anyways...



I beleive Buhari is going to be the first better president we've gotten in Nigeria.


And yes...


Drabeey was HERE

Oi

all this Muslim bank sef.

BH fit get account there oh.
maybe the day wen them go just mistakenly debit like #100 from BH money for alert messages two of their branches fit receive multiple blast alert oh. and God help those wey go wan withdraw that day..


sorry guys I'll pass.

still inlove with GTB

what is an emir of gwandu and where can I get it to buy in the market

Store

Bank at your own risk....mmm in making

How I wish they know.
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

Whoever merged the north and the south made the worse mistake ever.. We can never be one in this country we only pretend to be one. I bet if oil never existed in Nigeria we would have separated a long time ago.. Oil has made us lazy.

I speak the truth and that's the only way for Nigeria to get better. If we all stay independently and find out new selling points.

i'm hearing some people shouting islamization alreadY

Nice... tho you guys upgrade your graduate trainee salary to 100k

Fuc..k their Islamic bank


Let them use their soft policy to better the lives of their Almajiris

Ezechinwa:
Whoever merged the north and the south made the worse mistake ever.. We can never be one in this country we only pretend to be one.

Buy their words, you shall know them.... Hmmm

Practice they said makes perfect, Christiano Ronaldo, Messi, Hazard all started from somewhere, continuous training and practice made them perfect, so if your girlfriend is good on bed, thank me later

Ajehswag:
what is an emir of gwandu and where can I get it to buy in the market

You're kidding right?

I concur with the emir.

_Bullshit

Illiterates

Jaiz bank is only an Islamic bank by name. In fact they charge more than the conventional banks you know. A trial will convince you.

Drabeey:




Buy their words, you shall know them.... Hmmm

he just said the fact

na to emulate how dem dey take Bleep each of their seven wife's

This people one day they will tell us to buy Yemen made plane or Afghanistan made plane is there any bank in this world that will borrow u money with out interest? OK we ve seen all Islamic countries and we seen how their Islamic bank is helping them

Islamization agenda, Issokay

Islamic Bank kwa and even the Christians (infidels) can bank with them??

The air in Nigeria is so polluted. I need some fresh air called Biafra.

The next thing they will say, churches should emulate Islam.

All diz paedophiles giving advice shud save it...ur pple need it most.

Speaking of transparency how transparent is this useless monarch with the money that he acquires from the state?

Islamic Bank My Foot.