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
Farm Pride Foods Limited is an Australia-based vertically integrated egg company that farms, processes and markets a range of egg and egg related products. The Company is engaged in the production, processing, manufacturing and sale of eggs and egg products. The Company grades, packs, markets and distributes eggs and egg products. It offers everything from pre-prepared egg products and wholesale ingredients. The Company offers egg products, such as whole egg, egg white, egg yolk, scrambled eggs, peeled boiled eggs, fried eggs, omelets, and egg cartoons. The Company serves domestic retail, industrial and food service sectors. The Company supplies all commercial markets, including the airline, hotel and restaurant industries amongst others, with its range of egg products. The Company sources its fresh eggs from its own farms and local suppliers across the country. It holds significant assets, including egg farms around the country. It also operates processing and grading facilities.
FRM - Farm Pride Foods Ltd
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