AFRIPRU – Africa Prudential PLC
Africa Prudential PLC is not Shariah Compliant because of its involvement in Financial & Commodity Market Operators & Service Providers (NEC) and related activities.
Result: Not Compliant
VFDGROUP – VFD Group PLC
VFD Group PLC is not Shariah Compliant because of its involvement in Investment Management & Fund Operators (NEC) and related activities.
ETRANZA – eTranzact International Plc
eTranzact International Plc is not Shariah Compliant because of its involvement in Financial Transactions Processing, Reserve, and Clearinghouse Activities and related activities.
AIICO – AIICO Insurance PLC
AIICO Insurance PLC is not Shariah Compliant because of its involvement in Multiline Insurance & Brokers (NEC) and related activities.
NGXGROUP – Nigerian Exchange Group PLC
Nigerian Exchange Group PLC is not Shariah Compliant because of its involvement in Securities & Commodity Exchanges and related activities.
MECURE – MeCure Industries PLC
MeCure Industries PLC is not Shariah Compliant because it fails the financial ratios.
MANSARD – Axa Mansard Insurance PLC
Axa Mansard Insurance PLC is not Shariah Compliant because of its involvement in Life & Health Insurance (NEC) and related activities.
FIDSON – Fidson Healthcare PLC
Fidson Healthcare PLC is not Shariah Compliant because it fails the financial ratios.
CORNERS – Cornerstone Insurance PLC
Cornerstone Insurance PLC is not Shariah Compliant because of its involvement in Multiline Insurance & Brokers (NEC) and related activities.
NIDF – Chapel Hill Denham Nigeria Infrastructure Debt Fund
Chapel Hill Denham Nigeria Infrastructure Debt Fund is not Shariah Compliant because of its involvement in Closed End Funds and related activities.