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
Essential Properties Realty Trust, Inc. is an internally managed real estate company. The Company acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. It has a diversified portfolio that focuses on properties leased to tenants in businesses, such as car washes, restaurants (primarily quick service restaurants and casual dining), early childhood education, medical and dental services, convenience stores, automotive services, equipment rental, grocery, entertainment, and health and fitness. It has a portfolio of approximately 1,653 properties, including over 153 properties that have investments in mortgage loans receivables diversified by tenant, industry, concept and geography. The Company’s portfolio is occupied by approximately 350 tenants operating over 538 different concepts in 16 industries across 48 states of the United States.
EPRT - Essential Properties Realty Trust Inc
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