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
Unibel SA is a French holding company that is engaged in the production of cheese. Its principal holding is in Groupe Bel, a producer of a variety of types of cheese, including cream cheese, hard cheese, soft cheese and processed cheese. The Group Bel has a portfolio of international and domestic brands of cheese and related products, which are distributed in more than 120 countries worldwide. Its core brands include La vache qui rit, Kiri, Mini Babybel, Boursin and Leerdamer. Unibel SA acts as an umbrella company for a group of operating subsidiaries, including Fromageries Bel, Safr, Sicopa, Bel Belgium, Bel Canada, Bel Egypt Distribution, Bel Americas Inc, Bel UK Ltd, Bel Italia Spa, Bel Japon, Bel Polska, Safilait and Bel Syry Cesko AS, among others.
CBQP - Unibel SA
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