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
Charter Hall Group is an Australia-based property investment management company. The Company is focused on investing in core sectors, such as office, industrial, retail and diversified social infrastructure property portfolios. The Company operates through three segments: Property investments, Development investments, and Funds management. The Property investments segment is comprised of investments in property funds. Development investments comprises investments in developments. The Funds management comprises investment management services and property management services. It owns and manages various properties across Australia, from landmark city offices and industrial and logistics facilities, to local shopping centers and early learning centers. Its properties include 10 Shelley Street, 132-170 Andrews Rd, 6 Stewart Ave, 61 Mary Street, CoreWest Logistics Hub, Dandenong Distribution Centre, Edinburgh Parks Distribution Centre, No.1 Martin Place, and Pacific Square Shopping.
CHC - Charter Hall Group
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