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
CT Property Trust Limited is a United Kingdom-based commercial property trust. The Trust’s investment objective is to provide ordinary shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified United Kingdom commercial property portfolio. The Trust holds a diversified portfolio of freehold and predominantly long leasehold United Kingdom commercial properties. It invests principally in three commercial property sectors: office, retail (including retail warehouses) and industrial. The Trust also invests in other commercial property sectors including healthcare, leisure, hotels and serviced apartments, education, car parks and petrol stations, residential, supported living, student accommodation, storage, and supermarkets. The Trust also invests in income producing investments. The Trust’s investment manager is Columbia Threadneedle Investment Business Limited.
CTPT - CT Property Trust Ltd
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