Jaiz Bank Posts Strong 2025 Performance & Makes History as Africa’s First IILM Primary Dealer
Lagos & Abuja, Nigeria — Jaiz Bank Plc, Nigeria’s pioneer non‑interest (Islamic) financial institution, continues to make significant strides in financial performance and global market integration, supporting Nigeria’s evolving banking sector and demonstrating the resilience of ethical Islamic finance.
📊 Impressive Financial Results: ₦31 Billion Profit and ₦1.29 Trillion in Assets
In its recently released unaudited financial statement for 2025, Jaiz Bank reported a notable rise in profitability, closing the year with ₦31.04 billion in net profit and expanding its total assets to approximately ₦1.29 trillion. This performance marks a continuation of the bank’s growth trajectory as it strengthens its balance sheet and expands its position within Nigeria’s competitive financial landscape.
The rise in profit reflects the bank’s ability to generate robust financing and investment income, highlighting the strong fundamentals of the non‑interest banking model even in challenging economic conditions.
🌍 Historic Milestone: First African Primary Dealer with IILM
In addition to strong financials, **Jaiz Bank made history by becoming the first financial institution in Africa to join the International Islamic Liquidity Management Corporation (IILM) Primary Dealer network.
The agreement was formalised at a CBN–IILM Liquidity Management Capacity Building Conference in Abuja, where the bank’s Managing Director, Dr. Haruna Musa, noted that this milestone broadens Jaiz Bank’s access to global liquidity management tools and enhances its risk management and balance‑sheet capabilities.
Being an IILM Primary Dealer places Jaiz Bank within a global network of institutions capable of engaging with world‑class liquidity instruments, showcasing Nigeria’s growing presence in Islamic finance‑driven capital markets.
📌 Why This Matters for Nigeria’s Financial Sector
- Sustained Growth: Jaiz Bank’s strong 2025 financial performance underscores the viability and expansion potential of ethical, non‑interest banking in Nigeria’s diversified financial ecosystem.
- Global Recognition: Becoming an IILM Primary Dealer reflects international confidence in Nigeria’s financial institutions and promotes deeper participation in Islamic capital markets.
- Financial Inclusion: As a leading non‑interest bank, Jaiz’s performance and global positioning encourage broader financial inclusion — especially for customers seeking ethical and Shariah‑compliant financial services.
