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
First Hawaiian, Inc. (FHI) is a bank holding company that operates through its wholly-owned bank subsidiary, First Hawaiian Bank (the Bank). The Bank is engaged in providing banking services to consumer and commercial customers, including deposit products, lending services and wealth management and trust services. FHI segments include Retail Banking, Commercial Banking and Treasury and Other. It offers deposit products, including checking and savings accounts and other types of deposit accounts. The Bank offers comprehensive commercial banking services to middle market and large Hawaii-based businesses. The Bank provides commercial and industrial lending, including auto dealer flooring, commercial real estate and construction lending. It also offers comprehensive consumer lending services focused on residential real-estate lending, indirect auto financing and other consumer loans to individuals and small businesses through its branch, online and mobile distribution channels.
FHB - First Hawaiian Inc
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