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
Lucas Bols Amsterdam BV is a company based in the Netherlands that is engaged in the distillers industry. The Company’s activities include the distilling, mixing and blending of a range of branded liqueurs, genever, gin and vodka. Its portfolio includes more than 20 brands of distilled spirits, such as Bols Liquers, Bols Genever, Bols Vodka, Damrak Gin, Galliano, Vaccario and other regional brands. The Company’s activities are divided into two segments: global brands and regional brands. In addition, the Company operates the Amsterdam-based Bols Bartending Academy, which offers accredited courses in bartending, mixology and hospitality management, and the House Of Bols, an Amsterdam-based cocktail, liqueur and genever museum. Its products are distributed in more than 110 countries through its distribution partners, notably Lucas Bols USA Inc. in the United States and Maxxium Nederland BV in the Netherlands.
BOLS - Lucas Bols Amsterdam BV
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