Is Ecobank Transnational (ETI) halal?

Not compliant

Ecobank Transnational does not pass Shariah screening under the AAOIFI Standard.

NGX: ETI · Financial services · Screened 24 Jul 2026

What Ecobank Transnational does

Ecobank Transnational Incorporated is a pan-African banking group operating across 34 sub-Saharan African countries. Its business is structured into three primary segments. Corporate and Investment Banking serves multinationals and regional companies, with momentum in transaction banking, global markets and trade finance. Commercial Banking serves local corporates and small and medium enterprises. Consumer Banking serves individual customers, supported by expanded digital account opening and scaled digital lending. For 2025 net revenue rose 17% to $2.45 billion, profit before tax rose 21% to $801 million, and profit attributable to ETI shareholders rose 22% to $407 million. Corporate and Investment Banking revenue increased 21% to $1.3 billion while Consumer and Commercial Banking revenue grew 15% to $1.2 billion.

Where the revenue comes from

Three segments: Corporate and Investment Banking, Commercial Banking, and Consumer Banking.

Questions about ETI

Is Ecobank Transnational halal to invest in?

No. As of 24 July 2026, Ecobank Transnational (ETI) 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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