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
Kingspan Group PLC is an Ireland-based company engaged in manufacturing insulation and building envelope solutions. The Company operates through five segments: Insulated Panels; Insulation; Light, Air + Water; Data + Flooring, and Roofing + Waterproofing. Insulated Panels segment manufactures insulated panels, structural framing and metal facades. Insulation segment manufactures rigid insulation boards, technical insulation and engineered timber systems. The Company’s Light, Air + Water segment manufactures energy and water solutions, daylighting, smoke management and ventilation systems. This segment also offers building automation solutions, sustainable ways of recycling, storing and protecting water and energy. The Data + Flooring segment is engaged in the manufacturing of data center storage solutions and raised access floors. The Roofing + Waterproofing segment is engaged in the manufacturing of roofing and waterproofing solutions for renovation and new construction of buildings.
KSP - Kingspan Group PLC
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