In the public narrative around Islamic finance, we often talk about contracts, compliance, fatwas, and customer awareness. But one force quietly shapes everything from behind the scenes ownership. Who owns Islamic financial institutions, and what drives their decision-making? This is Read more…
Category: Islamic Bank
As someone actively involved in promoting and marketing Islamic finance, I’ve seen how far we’ve come in product development and regulatory structure. But I’ve also noticed a creeping shift that demands urgent attention. The normalization of aggressive sales targets in Read more…
Lotus Bank has restated its commitment to ethical and inclusive financial practices growth. The bank said this, in a Stakeholder Engagement Forum held in Lagos, which brought together the bank’s executive management team, members of the press and other stakeholders. Read more…
Jaiz Bank, Nigeria’s pioneer Non-Interest Bank, has emerged the global Most Promising Islamic Bank in 2024. Jaiz Bank Plc, the pioneer Non-Interest Bank in Nigeria has been providing ethical services to individuals, corporate and government entities since 2012 with the Read more…
As someone who actively participates in the Islamic finance industry as a client, consultant, and observer. I’ve had a front-row seat to the growing problem of miscommunication in the marketing of Islamic finance products. It’s an issue that not only Read more…
The adage “The world stops when a man of integrity and strong leadership is praised” is undoubtedly true. On September 28, 2022, all roads led to 73, Ralph Shodeinde Street, Kano House, Central Business Area, Abuja for the celebration of Read more…
With the purpose of “Making Life Better Through Ethical Finance,” Jaiz Bank Plc, the first non-interest bank in Nigeria, has been offering ethical services to individuals, businesses, and governmental bodies since 2012. Since its launch, exactly ten years ago, the Read more…
Jaiz Bank is 10 Already! So Fast.! I remember the furore over Islamic Banking/Non-Interest Banking when CBN granted the license under Sanusi Lamido Sanusi. Articles upon articles on newspapers threatening fire and brimstone over an ‘Islamization agenda’. Chief Frederick Fasehun, Read more…
Jaiz Bank’s gross earnings for the financial year 2021 increased by approximately a third to N25.8 billion from N19.6 billion the previous year, thanks to significant rise in its key performance measures. According to its audited earnings report released on Read more…