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
Dhofar Beverage and Food Stuff Company SAOG is an Oman-based company, which engages in the canning, bottling, and distribution of soft drinks and mineral water in the Sultanate of Oman, Yemen, and Somali. It also trades in related products and distributes food stuff products. The Company sells its products under such brands as: Darbat, Jarzis, Shark, Al Khaleej, Ice Pop, Zam Zam and Meezah. The Company operates from its Salalah factory in Oman, serving local supermarkets, schools, restaurants and catering companies.
DBCI - Dhofar Beverage SAOG Co
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