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
AIMS Property Securities Fund (the Fund) is a diversified real estate securities fund, investing across a range of unlisted and listed property trusts. The Fund invests in a portfolio of property-related securities diversified by property sectors, geographic locations, and fund managers. The investment objective of the Fund is to provide investors with regular quarterly income and the potential for long term capital growth. The Fund invests in a range of portfolio sectors, which include office, industrial, childcare, among others. The Fund is listed on both the Australian Securities Exchange (ASX) and the Singapore Exchange (SGX-ST). The Fund offers investors a professionally managed, diversified, and traded exposure to the Australian and Singapore property markets.
APW - Aims Property Securities Fund
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