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
Al Soor Fuel Marketing Company KSCP, formerly Soor Fuel Marketing Co SAK, is a Kuwait-based public shareholding company that owns constructs, rents, operates and maintains fuel stations, as well as customer service centers in such stations and invests in companies with similar activities. The Company provides such services as oil change, car wash, car maintenance and repair, and technical check-ups for vehicles and equipments. In addition, the Company carries out filling, storage, transportations and trade of petroleum products. The Company also focuses on the purchase, rent, possession and sale of land and real estate properties. The Company operates 40 petrol stations across Kuwait. The Company has a wholly owned subsidiary, Advantage for Establishing Central Markets Company KSC.
SOOR - Al Soor Fuel Marketing Company KSCP
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