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
Friday’s Dog Holdings Inc. is a consumer-packaged goods (CPG) company. The Company’s principal business activity is to create pet care products that are formulated with natural, ethically sourced ingredients, and are non-GMO and sulfate, paraben, and cruelty free for direct business to consumer sales. It operates through the manufacturing of hair care and pet care products. The Company’s products include grooming and oral care. Its grooming products include Mega Brilliance Brightening Dog Shampoo; Oater Coater Dog Conditioner; Oodle Doodler 6-in-1 Dog Shampoo; Puppy Wuppy Puppy and Sensitive Skin Shampoo; Oater Coater Dog Shampoo, and others. Its oral care provides Mighty Mouth Dental Health Water Additive for Dogs and Cats. Its oatmeal blend conditioner protects, detangles and moisturizes dogs’ coat with each wash. Its Mighty Mouth Oral Wellness Water additive is a simple and effective solution to aid in gum disease.
FRDY - Friday's Dog Holdings Inc
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