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
Frasers Group PLC is a sporting goods retailer. The Company operates a diversified portfolio of sports, fitness, premium lifestyle and luxury fascias in over 20 countries. Its UK Sports Retail segment includes its sports retail and USC store operations in the UK, its sports online businesses, gyms, Evans Cycles, and its Shirebrook campus operations. Its Premium Lifestyle segment offers luxury offering, consisting of the Flannels, Cruise, van mildert, Jack Wills, House of Fraser and Sofa.com along with the related Websites and freehold property-owning companies. Its International Retail segment includes Company’s sports retail stores, management and operating in Europe and Asia, including the Company’s European Distribution Centres in Belgium and Austria, European freehold property-owning companies, GAME Spain stores, and Baltics & Asia e-commerce offerings. Its Wholesale & Licensing segment includes a portfolio of international brands, such as Everlast, Karrimor, and Slazenger.
FRAS - Frasers Group PLC
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.