TAJBank Limited has been awarded the Best Islamic Bank for Marketing & Growth Strategy by the Global Islamic Finance Awards (GIFA) at the GIFA awards ceremony held in Cape Town on Monday, 14 September. The GIFA Awards has become a highly coveted, market-led recognition of excellence in Islamic banking across the world.
The award is in recognition of TAJBank’s commitment and the significant role it is playing in the non-interest banking sector in Nigeria and on the continent.
The Managing Director, TAJBank, Norfadelizan Abdul Rahman said:
“We are honoured to be recognised as the Best Islamic Bank for Marketing & Growth Strategy at GIFA. Our vision at TAJBank is to be the leading African financial institution with a reputation for excellent customer service and innovative solutions.
Recently, the bank also launched two platforms: its Agency banking network-TAJXpress and Nigeria’s 1st (first) ethical e-commerce site, TAJMall. The network spans states within the North West and North East areas of the country.
This goes well beyond the recognizance in earnings and returns on equity, but also in ensuring that we sustain world-class corporate governance standards and continually raise the bar in exceptional customer service delivery, he added.
TAJBank Ltd also held it’s 1st Annual General Meeting (AGM) in Abuja recently as shareholders lauded the institution for an impressive performance over its first month of operations covering December 2019.
The bank recorded remarkable growth across key performance indicators signifying not only viability but the success of the non-interest banking model in the Nigerian banking environment.
He stated that “As such, awards like this clearly reflect our sustained commitment towards this vision. and motivates us to continuously deploy innovative financial products that wholly empower our customers and serve their needs.”
TAJBank is Nigeria’s 2nd Non-Interest Financial Institution. The Bank received its license from the Central Bank of Nigeria on July 12th, 2019. The Bank offers an exciting array of products and services that span Private Banking, Retail Banking, Business Banking, Development Finance and the Public Sector.
Global Islamic Finance Awards (GIFA) is a prestigious label of excellence that recognises governments, institutions and individuals who have exhibited outstanding achievements in their respective fields, contributing to the sustainability of Islamic banking and finance as a viable system within the global international financial architecture.
The GIFA winners were selected on a 25-point system, which considered product innovation, the breadth and depth of the product, the provision of products and services that have transcended international borders, and the promotion of growth in the industry.
Founded in 2011 by Edbiz Corporation as part of its advocacy for Islamic banking and finance, GIFA celebrates the achievements of individuals, institutions and governments in promoting and advocating Islamic banking and finance, and ensuring that it remains committed to social responsibility.