Hayat Trust Non-Interest Microfinance Bank Ltd has been named the Islamic Microfinance Bank of the Year at the 7th African International Conference on Islamic Finance (AICIF) Awards, held at Eko Hotels & Suites, Lagos.

The recognition underscores the bank’s exceptional leadership in promoting ethical, interest-free financial services and its sustained commitment to economic empowerment within communities.

The AICIF Awards celebrate institutions that exemplify innovation, excellence, and measurable impact in strengthening the Islamic finance landscape across Africa.

Speaking after receiving the award, the Managing Director of Hayat Trust NIMFB expressed gratitude and renewed commitment to the bank’s mission.

“We are deeply honored to receive this recognition. Our journey has been driven by service, trust, and the pursuit of financial dignity for all. We dedicate this award to our valued customers, dedicated staff, and the entire Al-Hayat Relief Foundation family. This achievement will further inspire us to expand our reach, strengthen our offerings, and continue fostering halal economic growth.”

Also present to receive the award were Dr. Asif Olatunbosun Azeez, Chairman of the Advisory Committee of Experts, and Mr. Abdullah Oluwatosin, the Bank’s Shariah Compliance Officer.

They reaffirmed the institution’s unwavering commitment to upholding the highest standards of Shariah governance and ethical financial practices in all its operations.