Nigeria’s pioneer non-interest bank, Jaiz Bank Plc, has been named as the Most Progressive Islamic Bank in 2025 by the Global Islamic Finance Awards (GIFA).
The GIFA Awards Committee, which has Prof. Humayon Dar, as its Chairman, said Jaiz Bank Plc was chosen to receive the Most Progressive Islamic Bank 2025 Award after a review of several distinguished nominees in this category.
He said after a careful deliberation based on the GIFA Methodology, the Committee decided in favour of Jaiz Bank Plc as the most qualified recipient of the award.

Receiving the award on behalf of the Bank, a representative of the Managing Director/Chief Executive Officer of Jaiz Bank, Dr. Haruna Musa, dedicated the recognition and 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,” Dr. Musa was quoted as saying at the awards presentation.
“At Jaiz Bank, we remain committed to driving innovation, deepening financial inclusion, and upholding the principles of ethical, Shariah-compliant banking. This award is not only a recognition of our progress but also a motivation to continue setting new standards in Islamic finance, both in Nigeria and globally,” the MD added.
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.
