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
Denny’s Corporation is a franchised full-service restaurant brand, based on a number of restaurants. It owns and operates the Denny’s brand (Denny’s) and the Keke’s Breakfast Cafe brand (Keke’s). It operates in two segments: Denny’s and Keke’s. The Company has approximately 1,656 restaurants, 1,582 of which were franchised/licensed restaurants and 74 of which were company operated. Denny’s brand consists of approximately 1,602 franchised, licensed and company restaurants around the world, including 1,445 restaurants in the United States and 157 international restaurant locations. Its The Build Your Own Grand Slam, one of its popular menu items. Denny’s offers a range of selection of lunch and dinner items, including entrees, burgers, sandwiches and salads, along with an assortment of appetizers and desserts. It has four dayparts, breakfast, lunch, dinner and late night. Keke’s brand consists of approximately 54 restaurants. Keke’s also serves burgers, paninis, salads, and sandwiches.
DENN - Denny's Corp
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