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
Broo Limited is an Australia-based beer production company. The Company is engaged in the production packaged and draught beer in Australia, and management of hospitality venues. The Company is primarily focused on the production, marketing and sale of two beer products, Broo Premium Lager and Australia Draught. The Company operates through two segments, including Hospitality segment, which is engaged in the management of pub and boutique brewery venues, and Australian brewing segment, which is engaged in the production and sale of packaged beer in Australia. The Company’s lead beer product, Broo Premium Lager, is a full-flavored, full-strength lager packaged in a 375 milliliters amber bottle with its distinctive branding on six-packs and cases. The Company’s subsidiaries include Broo Exports Pty Ltd, Australia Draught Pty Ltd, Broo Beverages Pty Ltd, Sorrento Brewery Pty Ltd, Broo Brewery Pty Ltd, Mildura Brewery Pub (Broo) Pty Ltd, Mildura Brewery (Broo) Pty Ltd and other.
BEE - Broo Ltd
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