Halal, with purification
Berger Paints Nigeria passes the business-activity screen and the financial screens under the AAOIFI Standard. Because a share of its income is non-permissible, the matching portion of any dividend you receive should be given away.
NGX: BERGER · Industrial goods / paints · Screened 31 Aug 2026 · H1 2026 accounts
Berger Paints Nigeria Plc was incorporated on 9 January 1959 and has been listed on the Nigerian Exchange since 14 December 1973. The company manufactures and sells paints and surface coatings across five business segments: decorative and architectural finishes, industrial coatings, marine and protective coatings, automotive and vehicle refinishes, and wood finishing and preservers. The decorative range covers high and medium quality architectural and building maintenance coatings used by contractors and craftsmen. Industrial coatings include stoving enamels, coal coatings and curtain coatings. Marine and protective products include marine and heavy duty coatings, bituminous coatings, primers and protective systems. The automotive range covers solid and metallic paints, primers and varnish, and the wood range includes BERGERNOL preservatives and LIGNOLAC finishes. The company was Nigeria's first paint manufacturer to introduce a fully automated production facility, with combined annual plant capacity exceeding 25 million litres.
Five segments: decorative and architectural, industrial coatings, marine and protective, automotive refinishes, and wood finishes and preservers.
Yes, with purification. As of 31 August 2026, Berger Paints Nigeria (BERGER) is halal to own under the AAOIFI Standard, provided you purify the non-permissible portion of any dividend you receive.
The dividend is permissible to receive once purified. Qistal publishes the purification rate for the current accounts period inside your compliance report, so you can work out the exact amount to give away.
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.