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
Cleanaway Waste Management Limited is an Australia-based total waste management, industrial and environmental services company. The Company operates through three segments: Solid Waste Services segment, which comprises the collection, recovery and disposal of all types of solid waste, including putrescible waste, inert waste, household waste and recovered waste; Industrial & Waste Services segment, which comprises a variety of services provided for the infrastructure, industrial and resources markets; and Liquid Waste & Health Services segment, which comprises the collection, treatment, processing, refining and recycling and destruction of hazardous and non-hazardous liquids, hydrocarbons and chemical waste, specialized packaged and hazardous waste. Its Health Services comprises the provision of services to the health sector for the safe treatment and disposal of health-related waste, which include sharp management, pharmaceutical waste, healthcare hazardous waste and quarantine waste.
CWY - Cleanaway Waste Management Ltd
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