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 Poultry Company SAOG is an Oman-based company, which is engaged in the poultry farming. The Company specializes in the processing and distribution of fresh and frozen whole chicken, chicken parts and giblets in Oman and the United Arab Emirates. Its brand product range includes also frozen chicken portions comprising of boneless breast, drumsticks, thighs, wings, heart, gizzard and liver. The Company’s customers spread across hyper, supermarkets, specialty restaurants and food service points, among others.
DPCI - Dhofar Poultry Co SAOG
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