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
Angi Inc. connects home service professionals with consumers across approximately 500 different categories, from repairing and remodeling homes to cleaning and landscaping. The Company’s segments include Ads and Leads, Services, Roofing, and International (includes Europe and Canada), and the various businesses within those segments operate under multiple brands, including Angi, HomeAdvisor, Handy, Total Home Roofing, Angi Roofing, MyBuilder, and Travaux.com. Ads and Leads segment provide consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals for home repair and improvement projects. Services segment provides a pre-priced offering service, pursuant to which consumers can request services through Angi and Handy branded platforms. Roofing segment provides roof replacement and repair services, primarily in Florida. International (includes Europe and Canada) operates international businesses, such as Travaux, MyHammer and Werkspot.
ANGI - Angi Inc
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