No. As of October 2026, Artisanal Spirits Company PLC (ART.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Artisanal Spirits Company PLC does not pass Musaffa's business and financial screening criteria.
The Artisanal Spirits Co. Plc is an investment holding company which creates, curates, and sells whisky and other related products. The company employs 172 full-time employees The company went IPO on 2021-06-04. The firm owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN) and J.G. Thomson (JGT). The firm's segments include Europe, Asia, the Americas, and Others. The firm owns over 18,000 casks primarily comprising Single Malt Scotch Whisky. Its stock includes outstanding whisky (and other spirits) from 150 different distilleries across 20 countries which are sold to members both as individual bottles and whole casks. SMWS has a worldwide membership of over 40,000 paying members and operates a direct-to-consumer model primarily through e-commerce. JGT is focused on small-batch blended malt whiskies and other spirits, available both through direct-to-consumer online sales and through traditional retail channels. SCN sources, curates and bottles single-cask whiskies and other spirits, with an emphasis on American whiskies.
Artisanal Spirits Company PLC ART.L
GBX23.50
Last Updated: Oct 16, 12:00 AM·LSE
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ART.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Artisanal Spirits Company PLC is classified as not halal.
NOT HALAL
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FAQ's for Artisanal Spirits Company PLC (ART.L)
As of October 2026, Artisanal Spirits Company PLC ART.L is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Artisanal Spirits Company PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Artisanal Spirits Company PLC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Artisanal Spirits Company PLC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Artisanal Spirits Company PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Artisanal Spirits Company PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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