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
Floor & Decor Holdings, Inc. is a multi-channel specialty retailer and commercial flooring distributor of hard surface flooring and related accessories. The Company offers an assortment of in-stock hard-surface flooring, including tile, wood, laminate, vinyl, and natural stone along with decorative accessories and wall tile, and installation materials. The Company offers its products to various customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY), and customers who buy the products for professional installation (Buy it Yourself or BIY). It primarily sells hard surface flooring and related accessories through retail stores located in the United States. The Company, through its subsidiary, Floor and Decor Outlets of America, Inc., operates approximately 191 warehouse-format stores and six small-format standalone design studios in 36 states as well as four distribution centers and an e-commerce site, flooranddecor.com.
FND - Floor & Decor Holdings Inc
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