Is eTranzact International (ETRANZACT) halal?

Halal, with purification

eTranzact International 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: ETRANZACT · Technology · Screened 31 Aug 2026 · H1 2026 accounts

What eTranzact International does

eTranzact International Plc is a Nigerian technology company providing electronic transaction switching and payment processing. It was incorporated in 2003 and listed on the Nigerian Stock Exchange in 2009. Its switching platform processes transactions across mobile phones, web, point of sale terminals, automated teller machines, other mobile devices and bank branches. The company reports across Mobile, Other Commissions, and Maintenance and Support Services, Software Development and Others segments. Switching services are the largest revenue contributor at N19.94 billion. It has operations in Nigeria, Ghana, Kenya, Zimbabwe, South Africa, Cote d'Ivoire and the United Kingdom. For the year ended 31 December 2025 total revenue was N30.61 billion with profit after income tax of N2.47 billion.

Where the revenue comes from

Mobile; Other Commissions; and Maintenance and Support Services, Software Development and Others, with switching services the largest single revenue line at N19.94 billion.

Questions about ETRANZACT

Is eTranzact International halal to invest in?

Yes, with purification. As of 31 August 2026, eTranzact International (ETRANZACT) is halal to own under the AAOIFI Standard, provided you purify the non-permissible portion of any dividend you receive.

Are ETRANZACT dividends halal?

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.

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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