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
A1 Investments & Resources Ltd is an Australia-based investment company focusing on projects with operations in Australia and Japan. The Company’s segments include General investment and Food products and supplements. The General investment segment includes investment operations focusing on diversified investment portfolios. The Food products and supplements segment is engaged in the sale of dried seafood products and supplements. The Company’s projects include Blue Ocean Health and Blue Ocean Japan. The Company also has diversified investments worldwide in the healthcare and resource sectors. Its wholly owned subsidiaries include China Century Capital (HK) Limited, A1 Investments Operations Pty Limited and Blue Ocean Japan Co., Limited.
AYI - A1 Investments & Resources Ltd
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