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
Costa Group Holdings Limited is an Australia-based horticulture company. The Company is engaged in growing, packing and marketing fresh fruits and vegetables. Its operations include approximately 7,200 planted hectares of farmland, 40 hectares of glasshouse facilities and three mushroom growing facilities across Australia. Its segments include Produce, Costa Farms & Logistics (CF&L) and International. The Produce segment operates in five core categories: berries, mushrooms, glasshouse tomatoes, citrus and avocados. These operations are vertically integrated in terms of farming, packing, and marketing, with the primary domestic sales channel being the Australian food retailers. The CF&L segment incorporates interrelated logistics, wholesale, and marketing operations within Australia. The International segment comprises royalty income from licensing of its blueberry varietals in Australia, the Americas, China and Africa, and international berry farming operations in Morocco and China.
CGC - Costa Group Holdings Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.