Halal
Multiverse Mining and Exploration passes both the business-activity screen and the financial screens under the AAOIFI Standard. No dividend purification applies.
NGX: MULTIVERSE · Mining · Screened 24 Aug 2026 · H1 2026 accounts
Multiverse Mining and Exploration Plc, formerly Multiverse Resources Plc, is a Nigerian exploration and mining company licensed to extract zinc, copper, gold, lead, tantalite, tin and barite ores. Its operations include the Alaguntan quarry in Ogun State and lead-zinc mines at Abuni in Nasarawa State. The company began granite quarrying in Ogun State in 2005 and grew installed capacity from 600,000 tonnes per annum to over 1 million tonnes across three locations in Nigeria within about a decade. It has stabilised its mine operations, achieving continuous underground mining and regular processing for export. For the year ended 31 December 2025 revenue was N985.7 million, up from N948.4 million in 2024, with profit after tax of N569.4 million against N592.0 million in the prior year.
Mining of solid minerals and granite quarrying, with processed ore sold for export and aggregate sold domestically.
Yes. As of 24 August 2026, Multiverse Mining and Exploration (MULTIVERSE) is halal to own under the AAOIFI Standard, with no purification required.
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.
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.