TAJBank
 |
| Company type | Private |
|---|---|
| Industry | Banking |
| Founded | 2019 |
| Headquarters | Abuja, Nigeria |
Key people | Alhaji Tanko Isiaku Gwamna(Chairman), Hamid Joda (Founder, Managing Director/ Chief Executive Officer), Sherif Idi (Co Founder & Executive Director)[1] |
| Products | Savings Account (Mudarabah), Current Account (Qard)Term Deposit Account, Sales Products, Leasing Products, Partnership Products (Financing) |
| Total assets | N50 billion (2020) |
| Website | www |
TAJBank Limited,[2] is Nigeria's second Non-interest bank, operating under Islamic banking principles, established in Nigeria with its headquarters in Abuja, the capital city of the country.[3]
The Bank operates 45 branches, 5 cash centers and provides regular ATM services as well as Online, Mobile, USSD (*898#) and SMS banking services.
History
[edit]The institution was founded in 2019, as TAJBank Limited. On 3 July 2019, TAJBank received a license from the Central Bank of Nigeria, the national banking regulator, to operate as a regional bank.[4] On 2 December 2019, the institution commenced business as TAJBank Limited in offices and branches in Abuja.[5]
On 12 December 2019, TAJBank opened its second branch at Kano in the process of expanding to other urban centers in the Federal Republic of Nigeria.[6] TAJBank recorded its early success in August 2022 culminating in the issuance of a National License by the Central Bank of Nigeria.
[7] The Bank also opened a branch in Sokoto State on the 24th of August 2020. TAJBank has over 38(Thirty-eight) branches nationwide.
On February 14, 2023 TAJBank listed its N10billion Mudarabah Sukuk issuance at the Nigerian Exchange Limited (NGX)
Ownership
[edit]The Board of Directors of the bank are listed below.
[edit]| Rank | Name | Position |
|---|---|---|
| 1 | Alhaji Tanko Isiaku Gwamna | Chairman |
| 2 | Hamid Joda | Founder/Managing Director/CEO |
| 3 | Sherif Idi | Co-Founder/Executive Director/ECO |
| 4 | Ahmed Joda | Non-Executive Director |
| 5 | Mariam Ibrahim | Non-Executive Director |
| 6 | Barrister Habib Alkali | Non-Executive Director |
| 7 | Dr. Nura Manu Soro | Non-Executive Director |
| 8 | Charles Ebienang | Non-Executive Director |
| 9 | Kogis Jonathan Luka | Non-Executive Director |
| 10 | Hafsat Lawal Garba | Non-Executive Director |
| 11 | Jamel Muhammad Sadis | Non-Executive Director |
| 12 | Tata Shakarau Omar | Independent Non-Executive Director |
| 13 | Adekunle James Awe | Independent Non-Executive Director |
See also
[edit]References
[edit]- ^ "Executive Management – Taj Bank".
- ^ "Taj Bank – Our only interest is you". Retrieved 2020-07-18.
- ^ Falaiye, Henry (2023-07-03). "TAJBank profit rises by 300%, pays dividend". Punch Newspapers. Retrieved 2023-10-19.
- ^ "Central Bank of Nigeria | All Financial Institutions | TAJ Bank Limited". www.cbn.gov.ng. Retrieved 2020-07-17.
- ^ Jeremiah (2019-12-02). "TAJ Bank Launches Operations Today". Leadership Newspaper. Retrieved 2020-07-17.
- ^ "TAJBank Unveils Second Branch in Kano". THISDAYLIVE. 2019-12-12. Retrieved 2020-07-18.
- ^ "TAJBank announces issuance of N150bn FGN Sukuk". Businessday NG. 2020-05-27. Retrieved 2020-07-18.