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
Coupang, Inc. owns and operates an e-commerce business, which primarily serves the Korean retail market. Through its mobile applications and Internet Websites, the Company offers products and services that span a range of categories, including home goods and decor, apparel and beauty products, fresh food and grocery, sporting goods, electronics, everyday consumables, travel, restaurant order and delivery, content streaming, and advertising. It operates through two segments: Product Commerce and Developing Offerings. The Product Commerce segment primarily includes core retail and marketplace offerings, and Rocket Fresh, its fresh grocery offering, as well as advertising products associated with these offerings. The Developing Offerings segment primarily includes Coupang Eats, a restaurant ordering and delivery service; Coupang Play, an online content streaming service, fintech; and certain international initiatives, as well as advertising products associated with these offerings.
CPNG - Coupang Inc
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