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
Angling Direct PLC is a United Kingdom-based omni-channel specialist fishing tackle retailer in the United Kingdom and Europe. The principal activity of the Company is the sale of fishing tackle through its websites and stores. The Company provides customer service, expert advice and ensuring product lines, including a complete range of equipment. The Company has over nine million visitors to its websites each year and completes approximately 24,000 transactions each week in its stores. The Company’s segments include Stores and Online. The Company’s products categories include bait and additives; bait accessories; bait boats; bait boxes; bait making equipment; barrows and trolleys; bed chairs accessories; bed chairs; bite alarms; bivvies and shelters; bivvy accessories; buckets and riddles; Catapults; chairs; clothing; cooking equipment; fish care; files, fly lines; fly storage, gift cards; indicators; lighting; luggage; nets; reels; tools umbrellas, and others.
ANG - Angling Direct PLC
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