Is Sterling Financial Holdings Co (STERLINGNG) halal?

Not compliant

Sterling Financial Holdings Co does not pass Shariah screening under the AAOIFI Standard.

NGX: STERLINGNG · Financial services · Screened 27 Aug 2026

What Sterling Financial Holdings Co does

Sterling Financial Holdings Company Plc holds three subsidiaries: Sterling Bank Limited, a commercial bank; Alternative Bank Limited, a non-interest bank; and SterlingFi Wealth Management Limited, an asset management company. The group reports six segments: Retail Banking, Commercial Banking, Institutional Banking, Corporate and Investment Banking, Non-interest Banking, and a Special Purpose Vehicle. Its operating entities are engaged in commercial banking with an emphasis on retail and consumer banking, trade services, corporate and investment banking, and non-interest banking. Products span savings and current accounts, personal loans, cards and e-channels, SME business accounts and advisory, credit to large enterprises, fixed and call deposits, importer financing, invoice discounting, letters of credit and overdrafts.

Where the revenue comes from

Six segments: Retail Banking, Commercial Banking, Institutional Banking, Corporate and Investment Banking, Non-interest Banking, and Special Purpose Vehicle.

Questions about STERLINGNG

Is Sterling Financial Holdings Co halal to invest in?

No. As of 27 August 2026, Sterling Financial Holdings Co (STERLINGNG) 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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