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
The Artisanal Spirits Company plc is a United Kingdom-based company focused on providing single cask scotch malt whisky and other spirits. The Company’s brands include The Scotch Malt Whisky Society (SMWS) and J.G. Thomson & Co. SMWS is a curator and provider of single cask scotch malt whisky for sale primarily online to a discerning global membership. SMWS has its presence in the international whisky markets of United Kingdom, China, United States, Australia and Europe. The J.G. Thomson & Co. is a creator of small batch blended malt whiskies, grain whiskies, rum and gin. J.G. Thomson & Co. is also a wine merchant and an independent whisky blender.
ART - Artisanal Spirits Company PLC
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