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
Societe Anonyme des Bains de Mer et du Cercle des Etrangers a Monaco SA is a Monaco-based company engaged in the gaming, hotel and leasing sectors. The Gaming sector combines the Company’s gaming table (European and US games) and automatic machine operations at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun Casino, the Sporting d’Ete on the Larvotto peninsula, the Bay Casino, and the Rascasse. The Hotel sector, includes all the accommodation and catering activities, the thalasso therapy and spa-center and all the related hotel services provided in its establishments. The Leasing sector combines leasing activities of boutiques, display windows and office space and the hotel residence activities of the Monte-Carlo Bay and Balmoral. The Company’s other activities include the operation of the drugstore in the Cafe de Paris gallery and the Place du Casino boutique, as well as services and brand licensing fees.
BAIN - Societe Anonyme des Bains de Mer et du Cercle des Etrangers a Monaco SA
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