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
Enma Al-Rawabi Co is a Saudi Arabia-based entity which is primarily engaged in construction of residential buildings. The Company is also engaged in real estate management activities for commission, general construction of residential and non-residential buildings, schools, hospitals and hotels. The Company manage and lease owned or leased residential and non-residential properties.
9521 - Enma Al-Rawabi Co
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