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
Aquis Entertainment Limited is an Australia-based company that is engaged in entertainment, gaming and leisure through the ownership of Casino Canberra. The Company specializes in the development and operation of integrated resort projects that concentrate a range of tourism-oriented attractions into single, large-scale facilities. Its integrated resorts comprise hotels, convention centers and a diverse range of entertainment, including restaurants, gaming, shopping, and shows. The Company is focused on an urban renewal project, which is engaged in the redevelopment of Casino Canberra into first-tier leisure and nightlife precinct. It includes complete modernization of the casino, as well as building restaurants, bars, retail boutiques, accommodation and entertainment options across City Walk. The Company’s wholly owned subsidiary is Aquis Canberra Pty Ltd.
AQS - Aquis Entertainment Ltd
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