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
Experience Co Limited is an Australia-based adventure tourism company. The Company offers adventure experiences of tandem skydiving, indigenous experiences and tours to the Great Barrier Reef. The Company has numerous locations throughout Australia and New Zealand. Its experiences include skydiving, island day trips, reef tours, rainforest tours, multi-day experiences and tree ropes & ziplining. Its segments include Skydiving and Adventure Experiences. Its Skydiving segment consists of tandem skydive and related products, with ancillary aircraft maintenance activities. Its Adventure Experiences segment includes reef-based dive and snorkel experiences and rainforest tours operating out of Cairns and Port Douglas in the Tropical North Queensland region. This segment also includes the Wild Bush Luxury, the Maria Island Walk and Treetops Adventure. It manages 14 skydiving drop zones across Australia and three in New Zealand. Its brands include Calypso Low Isles, Daintree Tours and others.
EXP - Experience Co Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.