"I'm very excited to be a part of something special here and I can't wait for the first game," Jakupovic told Leicester's website. (www.lcfc.com)
"I knew from the beginning that it will be difficult for myself because Kasper (Schmeichel) is one of the best goalkeepers in the Premier League.
"I'm going to fight and I'm here to push. A healthy competition is always good and that's only a positive thing. For sure, I'll wait for my chance but I am here and I'm very excited."
The transfer fee was not disclosed.
The 32-year-old is manager Craig Shakespeare's third signing of the transfer window after defender Harry Maguire and midfielder Vicente Iborra.
Leicester will play West Bromwich Albion in the Premier League Asia Trophy later on Wednesday.
(Reporting by Aditi Prakash in Bengaluru; Editing by Peter Rutherford)
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