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
Oshkosh Corporation is an industrial technology company that manufactures purpose-built vehicles and equipment for the access, defense, fire and emergency, refuse collection and concrete placement markets. Its segments include Access Equipment, Defense and Vocational. The Access Equipment segment manufactures and markets aerial work platforms and telehandlers used in a variety of construction, industrial and general maintenance applications to position workers and materials at elevated heights, as well as carriers and wreckers. The Defense segment manufactures and markets tactical vehicles, trailers, weapons system integration and supply parts and services for the United States military and for other militaries around the world. This segment also offers delivery vehicles for the United States Postal Service (USPS) and snow removal vehicles for military and civilian airports. The Vocational segment is engaged in designing, developing and manufacturing purpose-built vocational vehicles.
OSK - Oshkosh Corp
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