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
Asian American Medical Group Limited (AAMG) is a Singapore-based company, which is engaged in the provision of specialized medical services for liver diseases and transplantation, healthcare project management and consultancy services and healthcare real estate. AAMG operates through four segments: Liver, Multi-specialty, Management and Consultancy, and Healthcare Real Estate. Liver segment is engaged in the treatment of all liver, pancreas and bile duct diseases in adults and children. Multi-specialty is engaged in sourcing and identifying potential healthcare related projects. Healthcare management and Consultancy segment is a medical specialist in Singapore and abroad, mainly in the United States and Great Britain. Healthcare Real Estate segment is managed under Company’s subsidiary Asian American Healthcare Ventures Pte Ltd (AAHV). AAMG provides healthcare management and consultancy services for healthcare overseas projects.
AJJ - Asian American Medical Group Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.