Not compliant
Zenith Bank does not pass Shariah screening under the AAOIFI Standard.
NGX: ZENITHBANK · Banking · Screened 28 Aug 2026
Zenith Bank Plc is one of Nigeria's largest commercial banks by gross earnings. Its business is organised in four segments: Corporates, which contributed the majority of gross revenue, followed by Commercial and SMEs, Public Sector and Retail. As at 31 December 2025 the bank held four foreign subsidiaries, two local subsidiaries and one representative office, giving it operations across Nigeria, the United Kingdom, Ghana, Sierra Leone, the Gambia and the United Arab Emirates. The group's foreign subsidiaries are a significant contributor to profitability, generating a combined pre-tax profit of N331.758 billion in 2025, representing 26.26% of the group's total pre-tax profit of N1.263 trillion. Zenith Bank Ghana was the top performer, contributing N193.367 billion in pre-tax profit, up 135% year-on-year; Zenith Bank UK contributed N98.87 billion; the Sierra Leone subsidiary grew 94% to N24.63 billion; and the Gambia subsidiary grew 112.6% to N5.87 billion. A Foreign Subsidiaries Department oversees the group's expansion into new territories and acts as the interface between the bank and its offshore units. In October 2025, the bank announced plans to expand into Ivory Coast through acquisitions.
Four segments. On the FY2024 split disclosed in the 2025 report: Corporates 61% of gross revenue, Commercial and SMEs 20%, Public Sector 10%, Retail 9%. Gross earnings grew 6% in 2025.
No. As of 28 August 2026, Zenith Bank (ZENITHBANK) does not pass Shariah screening under the AAOIFI Standard.
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.