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
The Agency Group Australia Limited is an Australia-based integrated real estate service company. The Company’s principal activity consists of real estate services and related activities. Its segments include Real Estate and Property Services and Mortgage Origination Services. Its Real Estate and Property Services segment is engaged in the provision of real estate services, including selling of property, settlement agent services, and property management. Its Mortgage Origination Services segment is engaged in the provision of mortgage broking services. The Company’s wholly owned subsidiaries include Agency Partners WA Pty Ltd, Ausnet Financial Planning Services Pty Ltd, Ausnet Financial Pty Ltd, Ausnet Property Investment Fund Pty Ltd, Ausnet Real Estate Services Pty Ltd, Courtesy Real Estate (NSW) Pty Ltd, Jelina Holdings Pty Ltd, Move Property Solutions Pty Ltd, S.J. Laing & Son Pty Ltd, The Agency Marketing Pty Ltd and The Agency Auctions NSW Pty Ltd.
AU1 - Agency Group Australia Ltd
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