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September 15, 2025 by Our Reporter
Nigeria’s pioneer non-interest bank, Jaiz Bank Plc has been awarded as “Most Progressive Islamic Bank 2025” by the Global Islamic Finance Awards (GIFA).
Announcing the award, Chairman, GIFA Awards Committee, Prof. Humayon Dar said Jaiz Bank was chosen after careful review of several distinguished nominees in the category.
Dar said the committee’s choice was guided by considerable deliberation based on the “GIFA Methodology” and the conclusion came in favour of Jaiz Bank Plc.
Dar described the award as a “huge achievement and accolade”, underlining the growing importance of Jaiz Bank in the global Islamic finance market.
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Managing Director, Jaiz Bank Plc, Dr. Haruna Musa said the award was not only a recognition of the progress made by the bank but also a motivation to continue setting new standards in Islamic finance, both in Nigeria and globally.
“At Jaiz Bank, we remain committed to driving innovation, deepening financial inclusion, and upholding the principles of ethical, Shariah-compliant banking,” Musa said.
He dedicated the award to the staff, customers, and stakeholders of the bank.
“This achievement reflects the collective dedication of our Board, Management, and Staff, as well as the unwavering trust of our valued customers and stakeholders,” Musa said.
GIFA is a globally recognised platform that honours governments, institutions, and individuals who have made outstanding contributions to the growth and sustainability of Islamic banking and finance within the international financial system. Over the years, the awards have grown into one of the most respected and sought-after recognitions in the industry worldwide.
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