Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Al-Dawaa Medical Services Co is a Saudi Arabia-based entity which is primarily engaged in selling pharmaceutical and healthcare products. The Company operates through six divisions which includes Beauty Care, Personal Care, Health & Wellness, Medicine & Treatments, Mum and Baby and Vitamins & Healthy Nutrition. Beauty Care division engaged in selling Beauty Accessories, Contact Lenses, Perfumes, Hair and Face Care, etc. Personal Care products includes Body & Skin Care, Deodorants, Hand & Foot Care products, Oral Care. Health & Wellness products are Medical Devices, Geriatric Care, Braces & Supports, Home Care Products, Sports & Fitness products. Medicine & Treatments products provides Pain Relief medicines, Cough, Cold & Allergy medicines, Dental & Oral Hygiene, Kids & Infants and Prescribed Medications. Mum and Baby products include a range of mother and baby products. Vitamins & Healthy Nutrition products provides Men Vitamins & Supplements, Healthy Food, Bone Health, etc.
4163 - Al-Dawaa Medical Services Co
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