Jaiz Bank lists on NSE Thursday.

The Nigerian Stock Exchange (NSE) has confirmed the listing of Nigeria’s only Islamic Bank on Thursday, making it the third listing on the bourse this year.

The Bank will on the same day also present to stakeholders, facts behind its listing.

Jaiz Bank had earlier applied to the NSE to list by introduction 29.5 billion ordinary shares of 50 kobo each at N1.25 per share, which was approved by the Quotations Committee of Management of the NSE.

Jaiz Bank is the only full-fledged Islamic Bank in Nigeria, it recently obtained an approval from the Central bank of Nigeria for a national operating license.