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* Note on Purification and Zakat

  • 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

CPPGroup Plc is a United Kingdom-based company that offers ancillary assistance products and resolution services. Its segments include India (CPP India and Globiva), Turkey, Blink, Central Functions, and Legacy. It offers products and services within six product categories: My Travel, My Tech, My Health, My Digital Life, My Home and My Finances. My Travel is a parametric solution if consumers’ flights are canceled, delayed, or if their luggage is lost. My Tech Keeps consumers protected through theft and damage insurance for phones and gadgets. My Health utilizes technology to provide access to health check assessments, online doctor consultations and discounted medical, and more. My Digital Life Safeguards consumers’ identities through the monitoring of online personal data. My Home offers preventative maintenance services, extended warranties for appliances, and home emergency assistance. My Finances offer Immediate assistance and financial protection to protect payment cards.