Is CWG (CWG) halal?

Halal

CWG passes both the business-activity screen and the financial screens under the AAOIFI Standard. No dividend purification applies.

NGX: CWG · Technology · Screened 3 Sept 2026 · H1 2026 accounts

What CWG does

CWG Plc is an integrated information and communications technology solutions provider headquartered in Lagos. Founded in 1992, it has subsidiaries in Ghana, Cameroon and Uganda and a global services division in the UAE. Its operations are organised into five segments. IT Infrastructure supplies, installs and supports computer hardware and operates middleware systems and automated teller machines. Communication and Integrated Services offers VSAT and fibre connectivity, metropolitan, wide and local area networks, systems integration and network communications support. Managed Support Services provides managed and outsourcing services to internal and external clients along with equipment and service maintenance. Software covers deployment, implementation and support, systems analysis and design, and smartcard applications. The Platform business provides products including BillsNPay, SMERP, UCP and Finedge.

Where the revenue comes from

Five segments: IT Infrastructure, Communication and Integrated Services, Managed Support Services, Software, and Platform.

Questions about CWG

Is CWG halal to invest in?

Yes. As of 3 September 2026, CWG (CWG) is halal to own under the AAOIFI Standard, with no purification required.

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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