Halal, with purification
NAHCO Aviance 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: NAHCO · Services · Screened 3 Sept 2026 · H1 2026 accounts
Nigerian Aviation Handling Company Plc, trading as nahco aviance, provides aviation ground handling and cargo services in Nigeria and reports across Ground Handling, Cargo Handling and Other segments. The company was founded in 1979, incorporated as a private limited company that year, and began full operations in 1980. It is headquartered in Lagos.
Ground handling covers ramp services, passenger profiling, baggage handling, crew transportation, aircraft handling, disinfection and cleaning, aircraft movement control, load control, baggage and cargo on and offloading, ground support equipment supply, unit load device management and baggage reconciliation. Cargo handling covers warehousing, import cargo bulk breaking, cargo delivery, customs control services, cargo documentation for airlines, and import and export facilitation through customs bonded warehouses across its network. Beyond core airport operations the group has diversified into crew transportation, energy and power distribution, leasing of ground handling equipment, airport management, aviation training, free trade zone operations and commodities export.
Revenue reached N65.82 billion in 2025, up 22.93% from N53.54 billion in 2024, with profit before tax of N24.28 billion, up 29.83%, and profit after tax of N17.5 billion, up 36.02%. Earnings per share rose to N8.99. The board recommended a dividend payment of N6.25 per share with a bonus issue of one new share for every seven shares held. During the year, the company won new business from Fly Gabon, Saudi, and Qatar, and unveiled a five-year strategic diversification plan to push revenue beyond N300 billion.
Three segments: Ground Handling, Cargo Handling and Other. FY2025 revenue N65.82 billion.
Yes, with purification. As of 3 September 2026, NAHCO Aviance (NAHCO) is halal to own under the AAOIFI Standard, provided you purify the non-permissible portion of any dividend you receive.
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.
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.