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
Saudi Marketing Company (Farm Superstores) SJSC is a Saudi Arabia-based company engaged in the field of retail, trading, and importing business. Its activities include wholesale and retail of food stuff, household consumables, toys, textiles and stationery, marketing services on behalf of third parties, managing and operating bakeries, managing and operating restaurants and coffee shops, providing fast food items, hot and cold beverages, and establishment, operation, and maintenance of amusement centres. It operates in following segments: The retail segment, which include sale of goods to customers commonly at the store check out for the sales via the group’s stores. The household segment, which include sale of goods to the wholesale customers; and The Entertainment services segments, which includes services provided by operating kids playground called adventure world. It operates approximately 52 branches and one subsidiary, which is Pure Springs Agencies and Trading Company Ltd.
4006 - Saudi Marketing Company (Farm Superstores) SJSC
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