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
Future Care Trading Co is a Saudi Arabia-based entity which is primarily engaged in providing health care services. The Company’s services include integrated home health care services, including doctor visits, nursing services, natural therapy, home blood drawing services, nursing aid, dietary therapy services, physiotherapy, laboratory services, nutrition services in the Kingdom of Saudi Arabia.
9544 - Future Care Trading Co
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