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
Kingdom Holding Company SJSC provides hotel management and operations, commercial services, education, investment and medical services. Its segments include equity investments that include investments in international quoted securities; Domestic and regional that includes investments in securities quoted on the Saudi stock exchange, regional stock exchanges, and investments in associates other than real estate; Private equity that includes investments in private equities, managed funds and other entities existing within the structure of the group; Hotel that includes investments in subsidiaries and associates that are in the business of managing and owning hotel properties and related activities; Real estate that includes investments in activities relating to ownership and development of land and real estate projects. Health care that includes hospital, pharmacy and consulting clinics; and all other segments include operations of kingdom school and other trading activities.
4280 - Kingdom Holding Company SJSC
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