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
Pendragon PLC is a United Kingdom-based automotive online retailer. The Company is engaged in offering new and used vehicles as well as providing aftercare services. The Company operates through three segments: UK Motor, Software and Leasing. Its UK Motor segment is engaged in the sale and servicing of vehicles in the United Kingdom. Its Software segment is engaged in licensing software as a service to global automotive business users. Its Leasing segment is engaged in providing fleet and contract hire services, and supplies used vehicles. It operates over 160 sites across the United Kingdom under the brands of Evans Halshaw, Stratstone, CarStore, Pinewood, Quickco and Pendragon Vehicle Management. The Company’s subsidiaries include Bramall Quicks Dealerships Limited, Stratstone.com Limited, G.E. Harper Limited, Bramall Quicks Limited, Suresell Limited, Godfrey Davis (Trust) Limited and Car Store Limited.
PDG - Pendragon PLC
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