TAJBank Limited, Nigeria’s leading non-interest banking services provider, has been honored with the Best Islamic Bank in Nigeria award at the Islamic Finance News (IFN) Awards held in Dubai. This recognition cements TAJBank’s reputation as the country’s most innovative and value-driven non-interest lender.

The IFN Awards, one of the most prestigious honors in the global Islamic financial industry, recognizes outstanding institutions that contribute significantly to the growth and development of Islamic banking and finance. TAJBank emerged as the winner of this year’s award through a global survey and poll conducted by the IFN.

TAJBank’s Leadership Celebrates the Global Recognition

Speaking at the award ceremony, TAJBank’s Managing Director/Chief Executive Officer, Hamid Joda, attributed the bank’s success to the dedication and commitment of its board, management, and staff in maintaining high industry standards.

“We want to thank IFN for conducting a very credible poll, which has confirmed that TAJBank is leading the non-interest banking segment in Nigeria. This award reflects our commitment to delivering exceptional products and services to our cherished and growing customer base. As our mantra says, TAJBank’s only interest is the customers,” Joda stated.

TAJBank’s co-founder and executive director, Sherif Idi, also expressed his excitement over the award, describing it as a testament to the bank’s relentless efforts in setting new service standards for non-interest banking in Nigeria.

“This award reflects our determination to make TAJBank the preferred choice for customers seeking top-tier service, professional excellence, and world-class technological solutions in the Islamic banking sector,” Idi added.

TAJBank’s Track Record of Excellence and International Recognition

TAJBank has continued to receive numerous international recognitions for its outstanding contributions to the financial industry. Some of the bank’s recent achievements include:

• Payment Card Industry Data Security Standard (PCI DSS) certification in 2022
• Three International Standards Organisation (ISO) certifications from Certification Partner Global:
  • ISO 27001 – Information Security Management
  • ISO 22301 – Business Continuity Management
  • ISO 20000 – IT Service Management

In addition to its global recognition, TAJBank has also received multiple domestic awards over the years, including:

• Leadership Newspaper’s ‘Banker of The Year Award’ (2020)
• BusinessDay Newspaper’s ‘Islamic Bank of the Year Award’ for three consecutive years
• Several other industry accolades for innovation in non-interest banking services

TAJBank’s Impact on Non-Interest Banking in Nigeria

As one of Nigeria’s leading non-interest banks, TAJBank has played a crucial role in expanding the Islamic banking sector and promoting ethical finance. Through its innovative products, digital banking solutions, and customer-centric approach, the bank continues to attract more individuals and businesses seeking Shariah-compliant financial services.

With this latest global recognition, TAJBank further strengthens its position as a major player in Nigeria’s Islamic banking space and reaffirms its commitment to delivering value-driven financial solutions to its growing customer base.