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
Candy Club Holdings Limited is a specialty market confectionery company. The Company’s confectionery products consist of sugar confectionery, chocolates, and gum. The Company operates a business-to-business (B2B) and business-to-customer (B2C) division in the United States. The Company’s products include Mini Chocolate Mints, Mango Chili Bears, Tropical Drops, Blush Bears, Watermelon Sour Belts, Sour Gummy Octopus, Pink Piglets, Rainbow Sour Belts, Dark Chocolate Mini Mels, Nutty Caramel Clusters, Triple-Dipped Malt Balls and Chocolate Toffee Peanuts, among others.
CLBDA - Candy Club 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.