CBN Grants License To Jaiz Bank, Nigeria’s First Islamic Bank

The Central Bank Of Nigeria has granted license to
Jaiz Bank, Nigeria’s First Islamic Bank to operate
nationwide. This license approval came when the
Chairman of the Bank, Umaru Mutallab had a
meeting with the President-General of the Nigerian
National Supreme Council for Islamic Affairs and
Sultan of Sokoto, Alhaji Muhammadu Saad Abubakar
IV, in Abuja
“As a regional bank, the bank has operated in 12
states (in Northern Nigeria) but with the new licence
we can now spread to all parts of the country. We
will open branches in the 36 states of the
federation”he said


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