Halal, with purification
DAAR 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: DAARCOMM · Services · Screened 21 Aug 2026 · H1 2026 accounts
DAAR Communications Plc is a Nigerian broadcasting company that develops, produces and markets television and radio entertainment and news programming for markets in Africa and the United Kingdom. Established in 1988 and a subsidiary of DAAR Investment Limited, it is headquartered in Abuja. It launched Raypower 100.5 FM in 1994 and African Independent Television in 1996, introducing satellite broadcasting to the Nigerian private media market. Its television portfolio comprises AIT Television, AIT International and AIT Sport, alongside DAARSAT, a pay-TV service on a digital streaming platform. Its radio station Raypower 100.5 FM covers socio-political, economic and cultural programming. The AIT and television segment contributes approximately 90% of total revenue.
Television broadcasting, which contributes approximately 90% of revenue, and radio broadcasting, with pay-TV distribution through DAARSAT.
Yes, with purification. As of 21 August 2026, DAAR (DAARCOMM) 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.