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
Acrow Formwork and Construction Services Limited is an Australia-based integrated construction system in Australia. The Company’s business divisions include Acrow Formwork and Scaffolding Pty Ltd, which hires scaffolding and provides bespoke engineered formwork for building construction and infrastructure projects in Australia; Natform Pty Ltd, a specialist screen systems provider which designs and hires screen systems for the construction industry, and Uni-span Australia Pty Ltd, a provider of formwork and scaffolding solutions, equipment and services, which is complemented by in-house engineering and industrial labor supply. Its formwork products include Wall Systems, Falsework & Shoring, Heavy Shoring, Bridges, and Tunnels. Its scaffolding systems include Cuplok, Supercuplok, Quickstage and Ring-lok. Its screen products include Structural Screens, Finishing Screens, Trailing Screens, Hydraulic Climbing, Stretcher and Access Stairs, Structural Steel, and Initial Site Erection.
ACF - Acrow Formwork and Construction Services Ltd
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