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
Arabian International Healthcare Holding Co trading as Tibbiyah is a Saudi Arabia-based entity which is primarily engaged in retail and wholesale trading of medical and surgical equipment and tools. The Company is operating through three segments which includes medical devices, medical supplies and other activities. The Company’s products include artificial handicapped systems, surgical operations’ accessories, hospital supplies, medical systems, lab chemical analysis systems, testing and scientific measurement systems.
9530 - Arabian International Healthcare Holding Commpany SJSC
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