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
Eneco Refresh Limited is an Australia-based bottled water company. Its principal activities are the production and distribution of bottled water and accessories and the rental of water coolers. It is a producer of distilled drinking water with a capacity to produce over 15000 liters of distilled water per hour. It has two divisions: Refresh Waters Pty Ltd, which is engaged in the production and distribution of bottled water, coolers and filtration systems. It produces distilled water both for drinking as well as commercial and industrial use; and Refresh Plastics Pty Ltd, which offers a range of plastic bottles, containers and jars for the beer, wine and beverage industries. Refresh Plastics is also the Australian and New Zealand distributor for Dolium one-way PET kegs from Belgium. It also produces water tanks, caravan tanks, jerrycans, watering cans and vehicle parts. It produces its own range of Ampi activity toys. Its Oz Water Filters stocks a range of water purifiers in Australia.
ERG - Eneco Refresh Ltd
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