TAJBank, CEO win global Islamic banking awards 2023

Date:

…..attest to bank’s rising reputation globally

By Abubakar Yunusa

In recognition of increasingly soaring brand reputation due to its world-class services both locally and internationally, TAJBank Limited, Nigeria’s fastest-growing non-interest banking services provider, has won the Global Islamic Finance Award (GIFA) 2023 for its ‘Best Sukuk Deal of the Year 2023’, beating scores of other nominees in the competition.

This is even as the bank’s CEO/Founder, Mr. Hamid Joda, was also decorated with the ‘Most Promising CEO of the Year 2023’ insignia by the GIFA’s Awards Committee at the event held in Senegal, and witnessed by the country’s President, His Excellency Macky Sall, and other global leaders and bankers.

Over the years, GIFA has recognized over 500 governments, individuals, and institutions, commending their significant contributions to the USD 4 trillion Islamic finance industry.
In his remarks, the bank’s CEO thanked the GIFA leadership for the global recognition, saying “we are very grateful to the award organizers for recognition of the bank and my humble self for the GIFA 2023.

READ MORE  E-dividend, more efficient payment system -Acting SEC DG

“As we keep saying, 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 services delivery for invaluable value-addition to them and their businesses”, Joda assured.

Also commenting on the GIFA 2023 awards, the non-interest lender’s Executive Director/Co-Founder, Mr. Sherif Idi, thanked “the customers for their increasing confidence in TAJBank to offer them superior products and services with, in some cases, personalized touches to confirm to them that our only interest is the customers.”

It would be recalled that the listing of TAJBank’s N10 billion Sukuk bond on February 13 this year on the Nigerian Exchange Group (NGX) enjoyed an unprecedented support from investors, recording over 30% oversubscription.

READ MORE  FG explains why some farmers don’t get credit facilities

Joda, had during the beating of the Gong’ formalizing the listing of the bond on the Exchange, assured subscribers to the debt instrument its invaluable benefits, particularly its potential for good returns on their investments.

The GIFA Chairman, Professor Humayon Dar; commended the winners for their hard work, persistence, and innovative strategies to still be able to make giant strides even in the economy they operate in.

The selection of winners for the 2023 competition by the GIFA was conducted by the GIFA with support from the Cambridge IFA, a financial services intelligence house which specializes in developing and utilizing powerful cutting-edge analytical tools to test business data, assess macroeconomic indicators and understand market trends, leadership positioning and brand development relevant to the development of the financial systems

READ MORE  PenCom facilitates residential mortgage via joint pensions

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Kwara police arrest kidnap suspect while attempting to collect ransom through POS

The sustained offensive of the Kwara State Police Command...

Kaduna, NGF mobilize Northwest states for ‘Ready by Five’ early childhood initiative

From Femi Oyelola, Kaduna Delegations from across the Northwest region...

FG unveils mechanisation policy, targets 4,000 tractors annually

By Joy Baba-Yesufu The Federal Government has unveiled the National...

JonahCapital writes EFCC, Wike, disowns Sam Jonah ‘arbitral’ proceedings against FG

...raises alarm over alleged scheme to defraud FG US$300m By...