TAJBank,a leading non-interest bank in Nigeria Wins Islamic Bank of the Year Award, Three Times in a Row

Islamic Bank of the Year Award 2023

ย TAJBank Limited, a leading non-interest bank in Nigeria, has been honored with the prestigiousย BusinessDayย โ€œIslamic Bank of the Year Awardโ€ for the third consecutive year. This commendation was announced by the Managing Director of TAJBank, Hamid Joda.

The award was presented to the bankโ€™s management at the Banking and Financial Institutions (BAFI) awards ceremony in Lagos. Michael Iteye, the Regional Head of TAJBank in Lagos, received the award on behalf of the bankโ€™s management.

The award was presented by Tosin Sanni, GM Emerging Africa, and Frank Aigbogun, Publisher BusinessDay to TAJBank Limited, Nigeriaโ€™s fastest-growing and most customer-friendly non-interest lender during the newspaperโ€™s Banking and Financial Institutions (BAFI) awards ceremony held in Lagos.

Islamic Bank of the Year Award 2023

Presenting the award to the bankโ€™s management, represented by the Regional Head, Lagos, Mr Michael Iteye, during the newspaperโ€™s Banking and Financial Institutions (BAFI) awards ceremony held in Lagos, BusinessDayโ€™s representative at the awards ceremony, said the award was conferred on TAJBank in recognition of โ€œits commitment to world-class services, impressive financial performance and consistently being at the forefront in the nationโ€™s financial inclusion drive over the last three years.โ€

Speaking on the highly competitive award by the newspaper, the bankโ€™s founder/managing director, Mr Hamid Joda, said: โ€œAs the saying goes, hard work pays. So, the Islamic Bank of the Year Award by BusinessDay to our bank this year is a clear indication that the public is aware of the remarkable strides we are making to set new standards in technology-powered and value-laden services and products to our customers.

โ€œWe are happy that this award is coming barely four months after TAJBank became a leader in the Tier 1 Capital ranking and posted the highest Profit Before Tax (PBT) of the non-interest banking segment of the Nigerian Exchange in the half year 2023.โ€

Commenting on the latest recognition of the bank for its service delivery innovativeness, TAJBankโ€™s Co-Founder/Executive Director, Mr Sherif Idi said: โ€œWe are excited for bagging this coveted award, which, based on what the newspaperโ€™s management confirmed, was bestowed on TAJBank after a rigorous competition and transparent process adopted by the panel of judges.

Reference- Several news sources including newsdigest

Written by

Ustadha Fahmina
Founder

Ustadha Fahmina holds a Sanad in Alimiyyah (6-year Dars-e-Nizami) from two recognized Islamic institutes and a Master's degree in Arabic from Indira Gandhi National University. She teaches Qur'an, Tafsir, Hadith, and Fiqh following the Hanafi school within Ahl al-Sunnah wal Jama'ah. She founded Islam Hashtag in 2015 to bring authentic Islamic learning to Muslim families online. She also holds a degree in Optometry and is the founder of Optometryskills.com.


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