Is Andrew Peller / ADW.A Halal?
Andrew Peller Limited (TSX: ADW.A) is one of Canada's leading producers and marketers of quality wines and craft beverage alcohol products. Alcohol is its core, material business — a prohibited segment — so the screener fails at gate one. Separately, ADW.A was delisted from the TSX on or about August 17, 2026 after the Fairfax Financial going-private transaction. FAIL.
The two-gate Shariah screen
Every screener on this site runs the same two gates: first, the business must be halal (no alcohol, gambling, weapons manufacturing, conventional banking/insurance, and the like); second, the financial ratios must clear (debt under roughly 33% of market cap, non-compliant income under roughly 5%).
Gate one: the business — fails
Andrew Peller produces and markets wine, spirits & wine related products (its financial-statement Note 1): VQA wines (Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate, Tinhorn Creek, Gray Monk), wine-based liqueurs, craft ciders (No Boats on Sunday) and craft spirits, plus 101 retail locations in Ontario, a wine import agency and a personal-winemaking subsidiary. Alcohol production and sale is a prohibited business segment. Gate one: fails — the screener is settled here.
Gate two: not needed
A decisive business-gate FAIL ends the screen: no ratio math is needed. (For reference only: Q1 FY2027 bank indebtedness plus long-term debt totalled CAD 147.0 million against a ~CAD 352 million pre-delisting market cap — about 41.7%, also over the ~33% ceiling. Interest income was not separately disclosed in the filing.)
A note on the listing
Andrew Peller completed a going-private transaction with Fairfax Financial Holdings (arrangement effective on or about August 14, 2026) and its Class A/B shares were delisted from the TSX on or about August 17, 2026; the company is applying to cease being a reporting issuer. Because the shares no longer trade, this screener will not be re-checked further.
What other screeners say
No publicly verifiable rating for ADW.A was found on Zoya, Musaffa, or ShariaPortfolio. The FAIL verdict rests on the company's own filings, not on any third-party screen.
The bottom line
This screener gives Andrew Peller Limited (TSX: ADW.A) a FAIL. The core business is producing and selling wine, spirits and ciders — a prohibited segment — and the shares were delisted from the TSX in August 2026. Snapshot dated September 29, 2026; no further checks.
Frequently asked questions
Is Andrew Peller stock halal?
This screener gives Andrew Peller Limited (TSX: ADW.A) a FAIL. The company's core, material business is producing and marketing wine, spirits, liqueurs and ciders — alcohol is a prohibited business segment. A decisive business-gate FAIL means no ratio math is needed. Separately, ADW.A was delisted from the TSX on or about August 17, 2026 after the Fairfax Financial going-private transaction, so it is no longer a live TSX stock.
Why does Andrew Peller fail the screen?
Alcohol. Andrew Peller is one of Canada's leading producers and marketers of quality wines and craft beverage alcohol products — VQA wines (Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate, Tinhorn Creek, Gray Monk), wine-based liqueurs, craft ciders (No Boats on Sunday) and craft spirits, plus 101 retail locations in Ontario. Its financial-statement Note 1 states the company 'produces and markets wine, spirits & wine related products.' Alcohol production and sale is a prohibited business segment, so the screener fails at gate one.
Is Andrew Peller still listed on the TSX?
No. Andrew Peller completed a going-private transaction with Fairfax Financial Holdings (arrangement effective on or about August 14, 2026) and its Class A/B shares were delisted from the TSX on or about August 17, 2026. The company is applying to cease being a reporting issuer. This screener will not be re-checked further.
Do any third-party screeners cover Andrew Peller?
No publicly verifiable rating for ADW.A was found on Zoya, Musaffa, or ShariaPortfolio. The FAIL verdict rests on the company's own filings, not on any third-party screen.
What could change Andrew Peller's halal screener?
Nothing practical: the core business is alcohol production, a prohibited segment, and the shares are delisted and no longer trade. This screener is a snapshot dated September 29, 2026 and will not be re-checked further.