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
Enero Group Limited is an Australia-based specialist portfolio of marketing, technology and communications businesses. The principal activities of the Company are integrated marketing and communication services, including strategy, market research and insights, advertising, public relations, communications planning, design, events management, direct marketing and programmatic media. It provides marketing and communication services to a broad range of customers across three geographic locations, including Australia, United Kingdom & Europe, and United States of America. Its offering covers various marketing services, including creative and content; Integrated Communications and PR; and digital, data, analytics and technology. The Company includes BMF, CPR, Hotwire, OB Media and Orchard. The Company operates in approximately 13 cities across the world, including Sydney, Melbourne, San Francisco, New York, Chicago, Houston, Minneapolis, London, Madrid, Paris, Milan, Munich and Frankfurt.
EGG - Enero Group Ltd
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