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
Anaam International Holding Group Co SJSC is a Saudi Arabia-based joint stock company engaged, along with its subsidiaries, in diversified activities. The Company’s activities include marine transport of livestock within and outside the Kingdom of Saudi Arabia; possession of all means of marine and land transport necessary to the Company; trading of marine equipment necessary for the vessels of the Company; trading of livestock and fodder; management and operation of slaughterhouses and meat processing; establishing , managing and operating centers and industrial projects; wholesale and retail trade in foodstuff, and import, export and marketing to third parties and public services in the fields of trading and distribution agencies. In addition, the Company is also active in growing of agriculture products for animal feeds, as well as wholesale and retail trade in animal feeds and frozen foodstuff (meat, poultry and fish), and storage services.
4061 - Anaam International Holding Group Company SJSC
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