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
Comstock Holding Companies, Inc. is a vertically integrated real estate services company. The Company manages and develops mixed-use and transit-oriented properties in the Washington, D.C. region. The Company acquires, develops, operates and sells residential, commercial and mixed-use properties. It provides a full range of real estate services related to the acquisition, development, and operation of real estate assets. Its services cover all aspects of real estate asset management, including acquisition and disposition management, leasing, design, placemaking, property management, origination and negotiation of debt and equity facilities, risk management, construction and development management, creation of investment opportunities, execution of core-plus, value-add, and opportunistic strategies, and various other property-specific services. The Company’s portfolio includes approximately 13 commercial, six residential and 22 parking.
CHCI - Comstock Holding Companies Inc
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