Magazine Luiza SA
(MGLU3.SA)
☆☆☆☆☆ 2/5
BBG00V762RB6
MGLU3
Is MGLU3 – Magazine Luiza SA Stock Halal to Invest in?
Magazine Luiza SA is Shariah Compliant. It passes 2 out of 5 Shariah standards we screen against. Get detailed Shariah screening report on Muslim Xchange.
Do I need to purify my investment in MGLU3 – Magazine Luiza SA
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 MGLU3 – Magazine Luiza SA
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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