"If Jaiz Bank doesn't charge interest, how does it make money?"
This is one of the questions I get asked the most.
The answer is simple:
Jaiz Bank doesn't make money from interest. It makes money from buying, selling, leasing, investing, and sharing profits.
For example, if you want to buy a car, the bank can buy the car first and then sell it to you at an agreed profit, which you pay over time.
The profit comes from a real business transaction, not from charging interest on a loan.
That's the foundation of Islamic finance: money should be backed by real economic activity, not just by the passage of time.
Your body go tell you. The best thing you can do for yourself as a man is marry a traditional wife. Leave this woke Abuja girls and their unrealistic standards for who can.
Allahumma inni a'udhu bika min sharri sam'i, wa min sharri basari, wa min sharri lisani, wa min sharri qalbi, wa min sharri maniyyi.
O Allah! I seek refuge in You from the evil of my hearing, the evil of my seeing, the evil of my tongue, the evil of my heart, and the evil of my passions (or private parts/semen