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
Flow Beverage Corp. is a Canada-based premium water company. The Company is engaged in the business of extraction, value-added packaging, and sale of water in Canada and the United States. Its portfolio includes original naturally alkaline spring water, organic flavors, vitamin-infused and collagen-infused, all in a sustainable package. The Company’s products categories include Original, Flavored and Collagen. The Company offers a diversified line of health and wellness-oriented beverage products: original naturally alkaline spring water, organic flavors, and collagen-infused flavors in sizes ranging from 330 milliliter (ml) to one liter. The Company’s products contain naturally occurring electrolytes and essential minerals and support. Its beverage products are available online at flowhydration.com and are sold at over 54, 000 stores across North America.
FLOW - Flow Beverage Corp
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.