Not compliant
Abbey Bank does not pass Shariah screening under the AAOIFI Standard.
NGX: ABBEYBANK · Financial services · Screened 12 Aug 2026
Abbey Mortgage Bank Plc is a non-aligned primary mortgage bank in Nigeria providing structured mortgage options alongside financial banking and advisory services. It changed its name from Abbey Building Society Plc to Abbey Mortgage Bank Plc on 16 January 2014, and now trades as Abbey Bank Plc. Its core activities cover residential and commercial mortgage facilities, real estate construction finance and financial advisory. The bank has shifted from its historical focus on funding small and medium-sized businesses toward dedicated mortgage financing, and has completed the disposal of all legacy real estate development assets to concentrate on mortgage and advisory services. It has announced a strategic initiative to transition into a regional commercial bank. For 2025 profit before tax rose 154% to N3.13 billion and profit after tax rose 103% to N2.16 billion, with total assets of N165.8 billion, earnings per share up 91% to 21 kobo and a proposed final dividend of 12 kobo per share.
Mortgage lending, real estate construction finance and financial advisory services.
No. As of 12 August 2026, Abbey Bank (ABBEYBANK) does not pass Shariah screening under the AAOIFI Standard.
Qistal re-screens every NGX ticker when new audited or interim accounts are filed. This page always shows the date of the most recent screen.
Yes. Compliance drifts as a company borrows, raises cash, or changes its business mix, so a verdict describes a moment rather than a permanent status.