Again, TAJBank wins Businessday Islamic Bank of the year award

TAJBank Limited, one of Nigeria’s fastest-growing non-interest banks, has won the BusinessDay “Islamic Bank of the Year Award” for the third consecutive time.

This is according to a statement by TAJBank’s Managing Director, Mr. Hamid Joda.

The award was presented to the bank’s management, represented by its Regional Head, Lagos, Mr. Michael Iteye, during the newspaper’s Banking and Financial Institutions (BAFI) awards ceremony in Lagos.

BusinessDay's representatives at the ceremony, Tosin Sanni, GM Emerging Africa, and Frank Aigbogun, Publisher of BusinessDay, said that the award was conferred on TAJBank in recognition of “its commitment to world-class services.

”Also its impressive financial performances and consistently being at the forefront of the nation’s financial inclusion drive over the last three years.”

The managing director of the bank said the award was a result of the hard work and dedication of staff and management of the bank over the years.

According to Joda, the Islamic Bank of the Year Award given by BusinessDay to the bank this year is a clear indication that the public is aware of the remarkable strides we are making.

“We are consistently making efforts to set new standards for technology-powered and value-laden services and products for our customers.

“We are happy that this award is coming barely four months after TAJBank became a leader in the Tier 1 capital ranking.

And it posted the highest profit before tax (PBT) of the non-interest banking segment of the Nigerian Exchange in the half-year 2023.

“As we have said from the beginning, our only interest is the customer.

“The BusinessDay newspaper’s award this year is a confirmation that we are on track in terms of innovative service delivery and value addition to our growing customers globally,” Joda said.

He assured the bank’s customers, the regulatory authorities,, and other stakeholders in the financial system that the bank would not relent in its efforts to consistently offer the best as it continues to expand the frontiers of its operations for financial inclusion.

Also, TAJBank’s Executive Director, Mr.. Sherif Idi, said the management of the bank was excited about the award.

Idi gave assurance that the recognition would further propel the bank to do more in terms of providing innovative products and services to its customers.

“As our board and management have always said, this award is a call on us to do more in terms of innovative services and product packaging.

"I want to assure our valued customers that TAJBank will not let them down in terms of their expectations for world-class services and getting loans without interest as we jointly continue to take the bank to loftier heights”, he said.

Supreme News reports that TAJBank won the BusinessDay’s awards in 2021 and 2022