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
Canadian General Medical Centers Complex Company CJSC is a Saudi Arabia-based company which operates medical clinics. The Company is primarily engaged in providing medical services to oil and gas well drilling companies, whether in offshore platforms or land rigs. It covers all medical specialties from the pediatric clinic, internal medicine, eye clinic, ear, nose and throat clinic, general medicine, emergency department, radiology department, and laboratory. The Company also performs medical examinations for workers in the oil and gas field.
9518 - Canadian General Medical Centers Complex Company CJSC
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