Is Innovation Beverage Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Innovation Beverage Group Ltd (IBG) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Innovation Beverage Group Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Innovation Beverage Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Innovation Beverage Group Ltd?

Muslim investors may consider investing in Innovation Beverage Group Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Innovation Beverage Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Innovation Beverage Group Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Innovation Beverage Group Ltd updated?

The Shariah compliance status of Innovation Beverage Group Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Innovation Beverage Group Ltd become non-compliant?

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.

Where can I check the Shariah status of Innovation Beverage Group Ltd?

You can check the latest Shariah compliance status of Innovation Beverage Group Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

IBG Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 30, 2026

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Innovation Beverage Group Ltd (IBG)

Based on 5 analysts giving stock ratings to Innovation Beverage Group Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Innovation Beverage Group Ltd. Stock Analysis IBG

United States Consumer Staples Nano Cap Report: Q2, 2025

Innovation Beverage Group Ltd. engages in developing, manufacturing, marketing, exporting, and retailing alcoholic and non-alcoholic brands. The firm has approximately 70 formulations across 14 alcoholic and non-alcoholic brands. Its focus is on premium and super premium brands. The Company’s segments include Australia and the United States. Its brands include Australian Bitters Company, Bittertales Aromatic, Twisted Shaker Cocktails, and Drummerboy Non Alcoholic Spirits. Its Twisted Shaker range of bottled cocktails includes five different mixes includes Tequila Margarita, Cucumber Gimlet, Raspberry Hibiscus Cosmopolitan, Espresso Martini, and the Whiskey Old Fashioned. Bevmart is the online retailer for the Company’s spirits, liqueurs and ready-to-drink categories.

Key Statistics of Innovation Beverage Group Ltd (IBG)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.81$0.88

Today's Open

$0.85

Volume

80.88K

P/E Ratio (TTM)

52 Week Range

$0.72$36.50

Market Cap

1.85M

Avg. Volume

244.12K

Dividend Yield

Financial Metrics & Statements of Innovation Beverage Group Ltd (IBG)

FAQ's for Innovation Beverage Group Ltd (IBG)

According to Musaffa’s Shariah screening methodology, Innovation Beverage Group Ltd (IBG) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.