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
Coho Collective Kitchens Inc. is a Canada-based commercial real estate and food technology company. The Company provides private and shared kitchen and production space to food-based businesses ranging from start-ups to restaurant groups seeking turnkey solutions and business services. The Company operates fast-casual restaurants and shared-kitchen facilities. Its principal business activities are the provision of commercial commissary/Ghost Kitchens and rental of these kitchens to food-based businesses in Canada. Its services include access to share-kitchen facilities, access to marketing services, access to pre-negotiated deals with suppliers, and business consultation services. Its brands include Coho Commissary, Purebread and Brassica. Coho Commissary helps food business across six locations across British Columbia. Purebread is a handmade bakery with breads, treats and savories for breakfast, lunch, and dinner. The Company’s subsidiaries include Coho Commissary Inc. and others.
COHO - Coho Collective Kitchens Inc
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