Halal, with purification
CAP 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: CAP · Industrial goods · Screened 3 Sept 2026 · H1 2026 accounts
Chemical and Allied Products Plc, trading as CAP Plc, is a leading paints and coatings company in Nigeria, manufacturing and selling decorative paints and industrial coatings. Its brands include Dulux in the premium segment and Caplux and Sandtex in the standard segment, alongside Hempel in marine and protective coatings. The company is the sole technological licensee of Akzo Nobel Coatings International B.V. and the Nigerian representative of Hempel Paints South Africa (Pty) Limited. Following the integration of Portland Paints it operates a network of 152 outlets. UAC of Nigeria Plc holds 57.85% of its shares. For the year ended 31 December 2025 revenue was N44.86 billion, up 23%, with operating profit of N8.07 billion, up 48%, and profit after tax of N5.74 billion, up 51%.
Decorative paints across premium and standard segments, plus industrial and marine and protective coatings. FY2025 revenue N44.86 billion.
Yes, with purification. As of 3 September 2026, CAP (CAP) 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.