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

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.

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 and Senior Editor

Ustadha Fahmina holds the Alimah sanad from two prestigious institutes and is a certified Optometrist Doctor. She teaches Tafsir, Hadith, Fiqh, Seerah to Women and Kids and is passionate about spreading authentic information about the religion of Islam. Connect with her to keep updated about her recent ebooks and projects.


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