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JAIZ Bank named sole collector of Hadaya, animal sacrifice for Hajj
In from Ali Smart …
Jaiz Bank has been appointed as the sole collector of Hadaya (Qurbani or animal sacrifice) collections from intending pilgrims to Saudi Arabia.
A letter of appointment was convened by the National Hajj Commission of Nigeria (NAHCON) mandating Jaiz Bank to collaborate with the Islamic Development Bank (IDB) based in Jedda to ensure the success of the collection.
Jaiz Bank Plc and Islamic Development Bank (IDB) Tuesday signed a Memorandum of Understanding (MoU) to this effect with the Managing Director of Jaiz Bank Muhammad Nurul Islam and the Company Secretary Rukayat Salaudeen signing the agreement on behalf of Jaiz bank, while Ahmed Reheimi and Mansur Noibi signed for IDB.
Read also: Jaiz Bank doles out N502m ‘haram’ proceeds to charity
A statement from Jaiz Bank described the arrangement as “a social development project aimed at catering for the welfare of the vulnerable in poorer countries.”
An intending pilgrim pays the Hadaya fee to Jaiz Bank or other designated bodies and a coupon will be issued to him/her in Saudi Arabia for the slaughtering of animal.
The MD of Jaiz Bank Muhammad Nurul Islam assured of the success of the arrangement, while Ahmed Reheimi of IDB revealed that money paid by intending pilgrims who are not able to perform the Hajj would be returned.
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