Is Eterna (ETERNA) halal?

Not compliant

Eterna does not pass Shariah screening under the AAOIFI Standard.

NGX: ETERNA · Oil & Gas / downstream · Screened 3 Sept 2026 · H1 2026 accounts

What Eterna does

Eterna Plc operates in Nigeria's downstream energy sector, manufacturing and marketing lubricants and petroleum products. It was incorporated as a private limited company in 1989, became a public company in 1997, and listed on the Nigerian Exchange in August 1998. The business reports two segments. Retail and Industrial derives revenue from the sale and distribution of petroleum products through retail outlets, small units and industrial customers nationwide. Lubricants and Chemicals distributes manufactured and imported lubricants and chemicals to marine and energy customers. The company's trading division handles bulk importation and sale of premium motor fuels, automotive gas oil, dual-purpose kerosene, base oils, bitumen, low pour fuel oil and crude oil, and it holds exclusive rights to import and market Castrol products in Nigeria and the ECOWAS sub-region. Group consolidated revenue was N313.6 billion in 2024, up 71%, with profit after tax of N1.3 billion against a prior-year loss.

Where the revenue comes from

Two segments: Retail and Industrial, and Lubricants and Chemicals, alongside a bulk trading division.

Questions about ETERNA

Is Eterna halal to invest in?

No. As of 3 September 2026, Eterna (ETERNA) 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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