Is TotalEnergies Marketing Nigeria (TOTAL) halal?

Not compliant

TotalEnergies Marketing Nigeria does not pass Shariah screening under the AAOIFI Standard.

NGX: TOTAL · Oil & Gas / downstream · Screened 31 Aug 2026 · H1 2026 accounts

What TotalEnergies Marketing Nigeria does

TotalEnergies Marketing Nigeria Plc blends lubricants and markets refined petroleum products including premium motor spirit, automotive gas oil and aviation turbine kerosene. Incorporated in Nigeria in 1956 and converted to a public company in 1978, it markets fuels and related services through a nationwide retail network of roughly 511 to 530 service stations, where it also sells decentralised solar solutions. The business reports across Network, General Trade and Aviation segments. Its lubricants range covers automotive and industrial lubricants, engine, transmission and brake fluids, marine oils and greases under the TotalEnergies and ELF brands. The company is one of the two largest suppliers of JET A1 fuel in Nigeria, fuelling at the Lagos domestic and international airports and at Kano, Abuja and Port Harcourt.

Where the revenue comes from

Three segments: Network, General Trade and Aviation.

Questions about TOTAL

Is TotalEnergies Marketing Nigeria halal to invest in?

No. As of 31 August 2026, TotalEnergies Marketing Nigeria (TOTAL) 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.

Other Oil & Gas / downstream stocks