WEMABAN – Wema Bank PLC
Wema Bank PLC is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
Result: Not Compliant
DANGSUG – Dangote Sugar Refinery PLC
Dangote Sugar Refinery PLC is not Shariah Compliant because it fails the financial ratios.
OANDO – Oando PLC
Oando PLC is not Shariah Compliant because it fails the financial ratios.
GTCO – Guaranty Trust Holding Company PLC
Guaranty Trust Holding Company PLC is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
ZENITHB – Zenith Bank PLC
Zenith Bank PLC is not Shariah Compliant because of its involvement in Corporate Banks and related activities.
NB – Nigerian Breweries PLC
Nigerian Breweries PLC is not Shariah Compliant because of its involvement in Brewers (NEC) and related activities.
DIS – Diac Salaf SA
Diac Salaf SA is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.
SAM – Marocaine de l’Industrie du Raffinage SA
Marocaine de l’Industrie du Raffinage SA is not Shariah Compliant because it fails the financial ratios.
TECH – Taghleef Industries SAE
Taghleef Industries SAE is not Shariah Compliant because it fails the financial ratios.
EOSB – Al Orouba Securities Brokerage Co SAE
Al Orouba Securities Brokerage Co SAE is not Shariah Compliant because of its involvement in Investment Banking & Brokerage Services (NEC) and related activities.