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
Duxton Farms Limited is an Australia-based agricultural enterprise, which directly invests in and operates a diversified portfolio of farmland assets. The principal activities of the Company include the sowing and harvesting of dryland and irrigated crops, infrastructure maintenance and upgrades, trading and breeding of livestock and sale of grains, pulses and lucerne. The Company owns and operates a geographic aggregation in New South Wales (NSW). The aggregation is located between Forbes and West Wyalong. These properties are comprised of dryland and irrigated land, producing a diverse range of both summer and winter crops. The Company’ objective is to provide investors with returns through operational yields and sustainable long-term capital appreciation. The Company seeks to achieve this objective by implementing farm management techniques at scale to produce a diverse range of commodities. The Company’s investment manager is Duxton Capital (Australia) Pty Ltd.
DBF - Duxton Farms Ltd
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