Is Fidelity Bank (FIDELITYBK) halal?

Not compliant

Fidelity Bank does not pass Shariah screening under the AAOIFI Standard.

NGX: FIDELITYBK · Financial services · Screened 7 Jul 2026

What Fidelity Bank does

Fidelity Bank Plc is a full-service commercial deposit money bank serving over 9.1 million customers through digital channels, 255 business offices in Nigeria and its United Kingdom subsidiary FidBank UK Limited. It operates in Consumer and Commercial Banking segments, and its services cover retail banking, the granting of loans and advances, equipment leasing, deposit collection and money services. Gross earnings rose 45.6% to N1.52 trillion in FY2025 with profit after tax of N242.4 billion, and total assets expanded 18.6% to N10.46 trillion. During the year the bank completed a recapitalisation through a private placement that raised N227 billion to meet revised CBN capital requirements.

Where the revenue comes from

Consumer and Commercial Banking. Interest and similar income rose 38.7% to N1.11 trillion in FY2025 and fees and commission income rose 44.7% to N113.4 billion.

Questions about FIDELITYBK

Is Fidelity Bank halal to invest in?

No. As of 7 July 2026, Fidelity Bank (FIDELITYBK) 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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