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
Cettire Limited is an Australia-based global luxury online retailer. The Company offers a selection of in-demand personal luxury goods via its Website, cettire.com. The Company has access to a catalogue of more than 2,500 luxury brands and 400,000 products of clothing, shoes, bags, and accessories. It sells a range of products from over 500 designers, which include a range of women’s and men’s wear from brands such as Prada, Gucci, Saint Laurent, Balenciaga, Valentino, Balmain, Burberry, Chloe, Fendi, Givenchy, Versace and others. The Company’s product categories includes clothing, shoes, bags and accessories. Its clothing category offers activewear, coats, jackets, jeans, knitwear, pants and various others. Its shoes category offers boots, espadrilles, lace-up shoes, loafers and various others. Its bags category offers bag accessories, belt bags, clutch bags, crossbody bags and various others. It also offers accessories such as belts, glasses, gloves, hats and various others.
CTT - Cettire 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.