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
One Liberty Properties, Inc. is a self-administered and self-managed real estate investment trust. The Company acquires, owns, and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness, and theatre properties. The Company owns approximately 117 properties and participates in joint ventures that own three properties. These 120 properties are located in 31 states and have an aggregate of approximately 11.2 million square feet, including an aggregate of approximately 365,000 square feet at properties owned by its joint ventures). The Company’s property locations include Mccalla, Alabama; Lowell, Arkansas; Chandle, Arizona; Bakersfield, California; Littleton, Colorado; Newark, Delaware; Fort Myers, Florida; Kennesaw, Georgia; Carrollton, Georgia; Duluth, Georgia; Tucker, Georgia; Ankeny, Iowa; Champaign, Illinois; Wichita, Kansas; Lawrence, Kansas; Louisville, Kentucky; Lexington, Kentucky, and Everett, Massachusetts.
OLP - One Liberty Properties Inc
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