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
Dlala Brokerage and Investment Holding Co QPSC is a Qatar-based public shareholding company engaged, together with its subsidiaries, in brokerage activities at the Qatar Exchange, in real estate and in other investment activities. The Company is organized into the following business segments: Stock Broking, which includes financial services provided to customers as a stock broker; Real Estate, which includes the provision of property management, marketing and sales services for real estate clients, as well as Information Technology (IT) and International, which includes IT management services and other overseas financial services. The Company’s subsidiaries include Dlala Brokerage WLL, Dlala Islamic Brokerage WLL and Dlala Real Estate SPC, among others.
DBIS - Dlala Brokerage and Investment Holding Co QPSC
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