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
Fesh Fash Snack Food Production Co is a Saudi Arabia-based entity which is primarily engaged in snack food production. Its products include fesh fash family, garameesh family, chips, family chips, mini sticks, mini cooora, cooora family, zizo chips, zizo family chips, etc. The Company’s production lines include Corn puffs production lines, Natural potato chips production lines, Potato pellets production lines. The Company has approximately 14 sales outlets which includes Arar, Tabuk, Al Qassim, Dammam, Riyadh, Medina, Mecca, Jeddah, Wadi Ad Dawasir, Khamis Mushait, Najran, Yemen, Kuwait, Bahrain.
9515 - Fesh Fash Snack Food Production Co
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