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
Dubai Refreshments PJSC is a United Arab Emirates-based company engaged in the canning, bottling, trading and distribution of soft drinks and related beverages products. The Company is primarily involved in the distribution and bottling of Pepsi Cola International, 7UP and Aquafina in Dubai, Sharjah and the northern Emirates of the United Arab Emirates. The Company’s products range is divided into three divisions: Carbonated soft drinks, which include such brands as Pepsi, Pepsi Diet, Pepsi Max, Mirinda Vit C, Mirinda Citrus, Mirinda Green Apple, 7UP, 7UP Free, Mountain Dew, Shani and Evervess; Non-carbonated soft drinks, such as Lipton Ice Tea-Lemon and Lipton Ice Tea-Peach, and Aquafina, which include Aquafina drinking water. The Company’s main production facility is located in Dubai, and operates two warehouses in Sharjah and Ras Al Khaimah respectively.
DRC - Dubai Refreshment Pjsc
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