NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Mon, Apr 13 04:47 PM
Non-Compliant

SBEV

Quality Rating

B
Minimal compliance quality

Splash Beverage Group, Inc. (SBEV) is a beverage company primarily involved in the distribution of alcoholic and non-alcoholic products. This report assesses its Shariah compliance across financial, business activity, ESG, and multi-perspective criteria. The company fails core business activity screening due to involvement in alcohol distribution, a prohibited activity under Islamic principles. Financial ratios show excessive debt and interest income, failing all major thresholds. Exclusion from all Shariah indices confirms non-compliance, with recommendations for purification if any dividends are received, though core haram activity limits investability.

Purification Required
100%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

115.0%

Liquidity Ratio

0.0%

Interest Income Ratio

185.6%

Purification

100.00%