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
Drake & Scull International PJSC (DSI) is a United Arab Emirates-based public joint stock company operates in the construction sector. The Company is primarily engaged in contracting work relating to the construction industry in the Middle East, Europe, Asia and North Africa region. The Company is organized into three business segments: the Mechanical, Electrical and Plumbing (MEP) segment provides mechanical, electrical, plumbing and sanitation works related to the construction industry; the Infrastructure, Water and Power (IWP) segment offers infrastructure, water treatment plants, district cooling plants and power plants services, and the Civil and others segment provides property construction, sanitation work and real estate activities. During the third quarter of the year ended December 31, 2011, the Company acquired the remaining 20% of the shares of Gulf Technical Construction Company LLC.
DSI - Drake & Scull International P J S C
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