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
EVE Health Group Limited is an Australia-based vertically integrated producer of branded nutrition, health, and wellness products. The Company’s segments include Jenbrook, Meluka and Investment. The Jenbrook segment produces organic tea tree and distributes Australian botanical oils. The Meluka segment is a retail health and wellness consumer brand. The Meluka segment provides retail health and wellness consumer products, including honey. The Company owns and operates the Robyndale organic tea tree plantation in the Bungawalbin Valley in Northern New South Wales. Jenbrook farm offers products, including essential oil, dried leaf, hydrosol, and extract. Its Naturally Australian Products is a wholesaler of native Australian essential oils. The Company offers various products, including Essential Oil blends, Botanical Raw Honey collection, Raw Honey Probiotic Concentrate Tea Tree, and others. It operates in markets across Australia and New Zealand, Asia Pacific, and North America.
EVE - Eve Health Group Ltd
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