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
Dhofar International Development and Investment Holding Company SAOG an Oman-based company, which is engaged in investment activities in businesses, marketable securities and promotion of new projects. The Company has investments in subsidiaries and associates, including Dhofar Investment & Real Estate Services Company LLC, which provides real estate related activities; Bank Dhofar SAOG offers banking services; Dhofar Insurance Company SAOG offer insurance services; Financial Services Company SAOG offers brokerage services; Salalah Medical Supplies Manufacturing Co LLC manufactures and sales surgical disposables, and Omani Vegetable Oils & Derivatives Co. LLC manufactures and distributes vegetable oil.
DIDI - Dhofar International Development and Investment Holding Company Saog
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