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
Oragin Foods Inc. is a Canada-based multi-pronged food company engaged in selling natural and organic products to consumers through its retail network of store locations. The Company has various departments, including produce, dairy, bakery, bulk, A-Z grocery (from baby food to pet food), meat, frozen foods, health & beauty (HABA), vitamins and supplements, and prepared foods. The Company’s divisions include Consumer Packaged Goods (CPG) division and Retail division. The CPG division owns plant-based cheese brand. The Retail division owns and operates natural and organic food retailer. The Company, through its subsidiary, Organic Garage Ltd., is an independent organic grocer company that is focused on offering its customers a range selection of healthy and natural products. The Company’s stores are in prime retail locations designed. The Company, through its subsidiary, Future of Cheese Inc, plant-based cheese innovator and manufacturer.
OG - ORAGIN Foods Inc
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