TAJBank Limited has won the Islamic Finance News’ ‘Best Islamic Bank in Nigeria 2023’, beating other nominees from across the global geopolitical zones in the competition.

This is according to a statement by TAJBank’s Founder/CEO, Hamid Joda, on Monday in Abuja.

”TAJBank had since inception won the BusinessDay Newspaper’s ‘Islamic Bank of The Year’ awards for 2021, 2022 and 2023, and before then, it also clinched the Leadership Newspapers’ ‘Bank Of The Year Award’ in 2020,” he said.

The IFN’s organising committee explained that TAJBank received the award for its superior value-adding, world-class products, and innovative service delivery to non-interest banking customers globally.

In his acceptance speech, Joda commended the IFN’s committee for the global recognition.

The CEO expressed the Board and management of TAJBank’s gratitude for recognising it as an emerging frontline player in the global Islamic banking landscape for the IFN Award for 2023.

“These awards and several others TAJBank had received in the past three years will further encourage us to do more in surpassing the expectations of our growing customers in terms of quality products and service delivery for invaluable value-addition to them and their businesses,” Mr Joda added.

The bank’s co-founder and executive director, Sherif Idi, lauded the IFN for the award. He also commended the customers for their growing confidence in TAJBank to deliver “superior products and services with, in some cases, personalised touches to confirm to them that our only interest is in them.”

The IFN committee also commended TAJBank for its hard work, persistence, and innovative strategies, which enabled the bank to make giant strides in spite of the whirlwinds in the Nigerian economy. The committee conducted the selection of winners for the 2023 IFN competition with support from the Redmoney Group, the foremost global provider of specialized Islamic financial media services across three core divisions of events, publishing, and training.

It would be recalled that TAJBank, in recognition of the non-interest lender’s strict compliance with global best practices, particularly in information security standards in all areas of its operations, received the Payment Card Industry Data Security Standard (PCI DSS) certification in 2022.

It also received three International Standards Organisation (ISO) certifications by the Certification Partner Global (CPG), namely ISO 27001, ISO 22301, and ISO 20000 on Information Security, Business Continuity, and IT Service Management Systems.

(NAN)