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
SNB Capital Fund of REITs Fund, formerly known as AlAhli Fund of REITs Fund is a Saudi Arabia-based Shariah compliant open-ended investment fund, managed by SNB Capital Company, formerly known as NCB Capital Company. The Company provides income to unitholders by investing primarily in Shariah compliant Real Estate Investment Traded Funds
4338 - SNB Capital Fund of REITs Fund
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