Is NEM Insurance (NEM) halal?

Not compliant

NEM Insurance does not pass Shariah screening under the AAOIFI Standard.

NGX: NEM · Financial services · Screened 14 Aug 2026

Questions about NEM

Is NEM Insurance halal to invest in?

No. As of 14 August 2026, NEM Insurance (NEM) 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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