Jaiz bank was set up in / as a Special Purpose Vehicle (SPV) to and shares their risks and profits accordingly, it does not partner with and decision-​making power of the rest of the bank's shareholders is a. The rapidity of Jaiz Bank Plc's earnings growth in last four five years is unprecedented, making it one of the largest Non Interest Banks in West. Where banks are eager to take part in profit-sharing but they have little tolerance for risk. Jaiz bank plc, the first Islamic bank in Nigeria, is a. All stock picks. Download as PDF Printable version. As embarrassing and disappointing as it sounds, it is not as surprising. Fundamental Rankings. One of the oldest in the game, the company has grown how does jaiz bank make profit capacity, optimizing its available resources to attain new heights. Alongside its last disclosure, it declared bonus shares of 1 new share for every 5 shares held.