Is Guaranty Trust (GTCO) halal?

Not compliant

Guaranty Trust does not pass Shariah screening under the AAOIFI Standard.

NGX: GTCO · Banking · Screened 31 Aug 2026

What Guaranty Trust does

Guaranty Trust Holding Company Plc is the holding company for Guaranty Trust Bank Limited, a conventional commercial bank operating in Nigeria and across Ghana, Gambia, Sierra Leone, Liberia, Cote d'Ivoire, Kenya, Uganda, Rwanda, Tanzania and the United Kingdom. The banking business is organised across corporate, commercial, business, retail, SME and public sector segments, and its products include current and savings accounts, overdrafts, loans and other credit facilities, mortgages, consumer loans, credit and debit cards, and foreign currency and derivative products. Alongside the bank, the group runs payments, asset management and pension administration subsidiaries.

Where the revenue comes from

Six banking segments are reported: Corporate Banking, Commercial Banking, Business Banking, Retail Banking, SME Banking and Public Sector, alongside the non-banking payments, funds and pensions subsidiaries.

Questions about GTCO

Is Guaranty Trust halal to invest in?

No. As of 31 August 2026, Guaranty Trust (GTCO) 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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