TAJBank Limited | |
Type: | Private |
Industry: | Banking |
Location: | 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) |
Assets: | N50 billion (2020) |
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.
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)
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 |