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
Al-Maidan Clinic for Oral Health Services Company KSCP (Al Maidan Clinic), a subsidiary of United Medical Services KSCC, is a Kuwait-based company that is engaged in the provision of dentistry and related services. It owns and operates six dental canters located in the Sharq, Hawally, Fahaheel, Farwaniya, Jahra and Sabah Al Salem areas. Al Maidan Clinic provides several dentistry related services for families and individuals, including pedodontics, cosmetic dentistry, implantology, scaling, bleaching, orthodontics, preventative dentistry, x-ray, oral cancer scanning, nitrous oxide, periodontology , twinkle, Hollywood smile, and anesthesia. Furthermore, the Company provides Mobile Dental Clinic, which is vehicle designed to deliver health care services, both preventative and routine, to patients who have special needs including companies, institutions and schools.
MIDAN - Al-Maidan Clinic for Oral Health Services Company KSCP
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