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
Bahrain Duty Free Shop Complex BSC is a Bahrain-based public shareholding company that operates and manages duty free shopping in Bahrain International Airport. The Company’s shops are located in arrivals and departure areas of the airport with a landside shop called A to Z, which is located in the arrivals hall. The Company also has a seaport shop located at Salman Port and operates an in-flight duty free service on board all Bahrain Air flights. The Company offers perfumery, cosmetics, jewellery, fashions and accessories, liquors, confectionery and Tobacco, as well provides 24 hour duty free shopping, online pre-ordering, online car draw promotions, cash raffles and customer loyalty cards. The Company is managed by Aer Rianta International Middle East.
DUTY - Bahrain Duty Free Shop Complex BSC
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