Our Member Organizations
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 mission of Making Life Better Through Ethical Finance.
Since it commenced operations in 2012, the Nation’s premier Non-Interest Bank has maintained its leadership role by deepening this alternative model of financing, thus providing the foundation for its expansion, and providing the needed ethical funding for infrastructural development in the country.
Within this period, the Bank has won notable international and local accolades, amongst which are the Most Improved Islamic Banking awards in 2020 and 2021, respectively, from the Global Islamic Finance Awards (GIFA).
It is worth noting that the Bank maintains the record of being the first Islamic Bank in the world to breakeven within the first three years in operations even when there was no Islamic banking and finance instruments to invest on in the country.
Jaiz Bank’s core values are built on 7 principles with the acronym “ETHICAL” – Excellence, Teamwork, Honesty, Integrity, Customer-Centric, Accountability, Loyalty. These core values drive the Bank towards achieving its vision to be the clear leader in ethical Banking in Africa.
Jaiz Bank is publicly quoted on the Nigerian Exchange Group (NGX) with a balance sheet size of N379billion (as of December 31st 2022) compared to N12 billion in 2012. Financing and Investment assets also grew from over N30billion in 2012 to N249billion as of December 31 2022. Other critical parameters such as customer deposits, branch network and profitability have all been growing year–on–year since inception.
Read more: https://jaizbankplc.com/
About us
- LOTUS BANK is a Non-Interest Nigerian Bank deeply rooted in ethical banking, committed to ethical investing and ethical prosperity. We are committed to deepening financial inclusion and broadening the array of non-interest products available to the banked, unbanked, and under-banked population.
- Our values are bold, ethical, and births new ideas. They are a testament to our desire to deliver a differentiated customer experience that supports Nigerian businesses and delivers shareholder value. We’re Proud to PARTNER. What are you waiting for? Bank with LOTUS.
Vision, Mission & Core Values
- Our Culture is shaped by adherence to a set of values that cover all our stakeholders and helps us achieve our ambitious Vision and Mission.
Visit website: https://lotusbank.com/
We Help You Achieve Your Desired Goals
Every successful brand has a clear brand promise. The TAJBank promise (appearing as a strapline) is: ‘Our only interest is you’. We deliver this with products that reinforce the promise and a personality that promotes outstanding customer service, supported by innovative and high ethical standards.
TAJBank secured its banking license from the Central Bank of Nigeria on the 3rd of July 2019, while banking operations began on the 2nd of December 2019 with two pioneering branches in Abuja and Kano.
The Bank also opened a branch in Sokoto State on the 24th of August 2020.
As a Non-Interest Bank with strategic intent of providing excellent services through technology and digital innovation, the Bank focuses on building a strong brand with solutions and competencies in non-interest banking while adopting sustainably ethical conventional banking products and services by leveraging on mainstream and digital media.
In line with its mission and vision, the Bank seeks to redefine the banking landscape through continuous investment in cutting edge information technology with a view to delivering exceptional service to its teeming customers while also committing itself to its Core values which are Trust and Justice, Customer centricity, Excellence, Determination, and Innovation. The strategic intent of the bank is to be recognized as the dominant non-interest bank operating in Nigeria with comprehensive non-interest banking products and achieve 75% market share as well as a market leader in service delivery ranking among the top 10 Banks in the country. As part of its strategic initiatives, the Bank also intends to pursue branch expansion to achieve at least (50) branches across state capitals/major commercial centres and e-channels (which includes agent banking) for the purpose of banking the unbanked populace and significantly promoting financial inclusion in Nigeria by 2025; while also eyeing international expansion in due course. In addition, TAJBank has continued to leverage the strengths of its business-savvy Board alongside its competent and experienced Management team and Staff which navigated the Bank to early success culminating in the issuance of a National License by the Central Bank of Nigeria in August 2022.
At TAJBank, our only interest is you.
Visit our website: https://tajbank.com/
Welcome to the Alternative Bank
– where we do things differently.
Traditional is boring; we design solutions tailored to your individual needs.
Our adventure started with a grand idea in January 2014, when we were provisionally allowed to offer a non-interest banking window under Sterling Bank. From that moment, we knew we were destined to create something special – a dynamic bank that speaks your language and respects your individuality.
Our journey took a significant leap forward in July 2023 when the Central Bank of Nigeria (CBN) issued a Banking License to The Alternative Bank, enabling us to operate as a fully-fledged, standalone bank.
At the heart of our journey is ACE -our Advisory Committee of Experts, who ensure every step we take is in harmony with the ethics of Non-Interest Banking (NIB).
It’s time to say goodbye to boring banking and embrace a world of possibilities with The Alternative Bank.
Visit our website: https://altbank.ng/
Lotus Capital Limited is a full-service ethical investment management company specializing in Asset Management, Private Wealth Management, and Financial Advisory services.
Lotus Capital is a pioneer in non-interest finance in Nigeria and duly registered with the Securities & Exchange Commission (SEC) as Fund Managers.
Over the last 16 years, we have consistently contributed towards the growth of non-interest finance in the Nigerian capital market, and also manage 3 mutual funds listed on the Nigerian Stock Exchange.
Visit our website: https://www.lotuscapitallimited.com/
Marble Capital Limited is a leading ethical and shariah compliance Fund Manager in Nigeria: started business in 2020. Marble Capital aims to tap into the crystal of business opportunities offered by the Islamic finance market. The company also advises clients in the Green, Ethical, and Sustainable Investment realm. We are duly licensed and regulated by the Securities and Exchange Commission (SEC) and a member of the Islamic Financial Services Board (IFSB).
With Marble Capital’s team of dynamic and dedicated personnel and renowned Shari’ah Advisory Board, we are well-positioned to tap the huge potential in Nigeria’s non-interest financial services industry. This offers a unique advantage for Marble Capital Limited to target and expands the alternative investment management industry globally. We are also dignified by our framework that enables ease of investment offerings to clients as we utilize our technology-inclined expertise to provide safe and secure investment options.
Marble Capital is customer-oriented: committed and connected to you always. We are dedicated towards being your investment house of choice for green, ethical, and halal investment products and services. At Marble Capital, we are ever committed to creating halal wealth for all our clients to achieve noble goals.
Visit our website: https://marblecapitalltd.com/
Known for Trust, Honesty & Customer Support
Trust Arthur Group is a brand investment management firm that creates, nurtures and preserves wealth. In our existence, we have innovated and grown exceedingly to become an unstoppable investment management firm registered by the S.E.C. We maintain transparency with our clients and as true to our name, we are a symbol of trust, We believe in a cordial and confidential relationship with our clients and this stance has created a strong niche for us in the industry.
In the arena of digital evolution, we are everywhere possible as we are in the business of generating opportunities for financial enhancement. With these, we are always prepared to create, nurture, and preserve wealth for our clients and prospects.
Visit our website: https://trustarthurgroup.com/
Noor Takaful Insurance Limited has played and will continue in its pioneering and leading role in unlocking Ethical compliant insurance potential for Nigeria. Consequently, the Company has made a number of landmark achievements within its vision and mission;
The Company organized a successful one-day symposium on takaful with the theme ‘The Challenges and Critical Success Factors for the Development of Takaful in Nigeria’ on 20th October 2016. The symposium was attended by more than 200 dignitaries from both the formal and informal sectors including the regulators
Visit our website: https://noortakaful.ng/
Hilal Takaful Nigeria Limited, formerly known as Cornerstone Takaful Nigeria Limited, pioneered the Takaful insurance landscape in Nigeria, becoming the first composite Takaful Window Operator in 2010 under the authorization of the National Insurance Commission (NAICOM). The company operates under full licensing and re-certification by NAICOM to provide comprehensive Takaful services, encompassing both Family and General business lines.
As an industry leader, Hilal Takaful offers a wide range of Takaful products, including Motor Vehicle Insurance, Engineering All Risks, Asset Protection, Liability to Third Parties, Goods in Transit, Group Schemes, Credit Cover, Mortgage Protection, Wealth Creation Products, and more. With over a decade of experience as a composite Takaful Window Operator, we are proud to have successfully distributed surplus funds to participants without claims for more than seven years, embodying our commitment to equitable financial participation.
Visit our website: https://hilaltakaful.com.ng/