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
Safehold Inc., formerly iStar Inc., is a real estate investment trust (REIT). The Company helps owners of multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties to generate higher returns. The Company is focused on its ground lease and ground lease-adjacent businesses. Its ground lease offers a long-term capital solution. It provides a capital solution for all property types at all points of an asset’s life cycle, including construction, recapitalization, refinancing, sale and purchase. The Company’s ground lease solution has been executed alongside various lenders, including banks, commercial mortgage-backed securities (CMBS), life companies and agencies.
SAFE - Safehold Inc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.