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
Donaco International Limited is an Australia-based company, which operates leisure and hospitality businesses across the Asia Pacific region. The Company operates through three segments. Casino Operations-Vietnam segment is comprised of the Aristo International Hotel operating in Vietnam. These operations include hotel accommodation, and gaming and leisure facilities. Casino Operations-Cambodia segment comprised of the Star Vegas Resort and Club, operating in Cambodia. These operations include hotel accommodation, and gaming and leisure facilities. The Corporate Operations segment comprises the development and implementation of corporate strategy, commercial negotiations, corporate finance, treasury, management accounting, corporate governance and investor relations functions. Its Star Vegas Resort and Club is a casino resort in Poipet. The property is located on the border between Thailand and Cambodia. The Aristo International Hotel is located on the border between China and Vietnam.
DNA - Donaco International 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.