Home Business We will encourage Islamic banking in Ondo — Jaiz Bank chief

We will encourage Islamic banking in Ondo — Jaiz Bank chief

JAIZ Bank and the potential of non-interest banking in Nigeria
JAIZ Bank and the potential of non-interest banking in Nigeria

ALL arrangements have been concluded to establish the Islamic banking system in Ondo State and make life better for the people, the Executive Director (Operations and Finance) of Jaiz Bank, Alhaji Abdul Fatai Amoo, has disclosed.

Amoo, who made the disclosure during an iftar saaim, feeding of fasting Muslims, at the Akure Central Mosque, said the bank had been encouraged by the people of the state to open a branch in the state.

He gave the assurance that a branch of the bank would soon be opened in Akure.

According to him, the bank has established synergy with relevant organisations and operates within the tenets of Islam and is guided by the Shari’ah.

“It is not just about making money; we are also interested in the general well-being of the people and the society. So, it is part of the fundamental requirement that we cater to the needs of the people,” Amoo said.

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