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
Dexus Convenience Retail REIT is an Australia-based real estate investment trust (REIT), which owns a portfolio of service stations and convenience retail assets located in Queensland, New South Wales, Western Australia, South Australia and Victoria. The portfolio is leased to tenants on long-term leases. The objective of the REIT is to provide investors with sustainable and stable income and the potential for both income and capital growth through annual rental increases. The REIT’s portfolio comprises approximately 112 service station sites predominantly located on the Eastern Seaboard states of Australia. The Company’s fund manager (the Manager) is Convenience Retail Management Pty Limited, which is engaged in providing investment management services and property management services.
DXC - Dexus Convenience Retail REIT
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