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
Allbirds, Inc. is a lifestyle brand, which uses naturally derived materials to make footwear and apparel products. The Company’s products include men’s shoes, women’s shoes, men’s apparel, women’s apparel, and socks. It offers various categories of shoes, including everyday sneakers, running shoes, slip-ons, water-repellent sneakers, hiking shoes, high-tops, and sandals. It provides various categories of men’s apparel, including socks, underwear, tees, sweatshirts and sweatpants, hats and scarves, insoles, and lace kits. It offers various categories of women’s apparel, including sweatshirts and sweatpants, tees and tops, bottoms, leggings, underwear, and socks. It also offers accessories, including hats and scarves, lace kits, and insoles. It serves customers across 35 countries through its e-commerce platform and the Company’s retail stores globally, with locations in the United States, Canada, the United Kingdom, the Netherlands, China, Japan, South Korea, and New Zealand.
BIRD - Allbirds Inc
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