TwentyFour Select Monthly Income Fund Ltd
(SMIF.L)
BBG00645T6J5
SMIF
Is SMIF – TwentyFour Select Monthly Income Fund Ltd Stock Halal to Invest in?
TwentyFour Select Monthly Income Fund Ltd is Shariah Not Compliant. It passes 0 out of 5 Shariah standards we screen against. Get detailed Shariah screening report on Muslim Xchange.
Do I need to purify my investment in SMIF – TwentyFour Select Monthly Income Fund Ltd
If the Company is Shariah Compliant and Halal to invest in, then you must purify if the company has any impure income and you hold the company for more than a financial period (e.g. quarter), according to AAOIFI standards.
How can I calculate purification and zakat for my shares in SMIF – TwentyFour Select Monthly Income Fund Ltd
You can use our Purification and Zakat calculator to calculate the amount you must pay for each of these requirements, provided the company is Compliant. You can also use upload or connect your Portfolio(s) to automatically calculate the Purification and Zakat for all your holdings.
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