Yes, fino is in the scrabble dictionary

...and is worth 8 points by itself.

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Fino Definition

noun

A pale, very dry sherry.

from The American Heritage Dictionary of the English Language, 4th Edition

A very dry Spanish sherry.

from Free Scrabble Dictionary

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Top Words by points	Points
fino	7

2 letter words with FINO	Points
if	5
in	2
no	2
of	5
oi	2
on	2

3 letter words with FINO	Points
fin	6
fon	6
ion	3

4 letter words with FINO	Points
fino	7
foin	7
info	7

Found 12 words in 0.13427 seconds