Is Champion Breweries (CHAMPION) halal?

Not compliant

Champion Breweries does not pass Shariah screening under the AAOIFI Standard.

NGX: CHAMPION · Consumer goods · Screened 1 Sept 2026

What Champion Breweries does

Champion Breweries Plc is a Nigerian brewery established on 31 July 1974 and headquartered in Uyo, Akwa Ibom State. It produces and markets Champion Lager Beer and the non-alcoholic malt drink Champ Malta, and provides contract brewing and packaging services to Nigerian Breweries Plc in line with Heineken group standards. Its market reach is concentrated in southern Nigeria. The company agreed to acquire the Bullet brand portfolio and related intellectual property from Sun Mark Gulf DMCC, with the purchase consideration settled in February 2026. For 2025 revenue was N29.8 billion, up 43%, with operating profit of N4.8 billion, up 107%, and profit after tax of N1.79 billion, up 119%. Earnings per share rose to 20.0 kobo from 9.1 kobo with a proposed dividend of 7 kobo per share.

Where the revenue comes from

Beer, non-alcoholic malt, and contract brewing and packaging services.

Questions about CHAMPION

Is Champion Breweries halal to invest in?

No. As of 1 September 2026, Champion Breweries (CHAMPION) does not pass Shariah screening under the AAOIFI Standard.

How often is this verdict updated?

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.

Can this verdict change?

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.

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