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
Fidelity Special Values PLC is a United Kingdom-based investment company. The Company’s investment objective is to achieve long term capital growth primarily through investment in equities (and their related financial instruments) of United Kingdom companies. The Company may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. It has investments in larger, medium and smaller sized companies. The Company may invest up to 20% of the portfolio in listed companies on overseas exchanges to enhance shareholder returns. The Company invests in various sectors, including financials, industrials, health care, consumer staples, basic materials, energy, consumer discretionary, real estate, utilities, telecommunications and technology. FIL Investment Services (UK) Limited is the Company’s alternative investment fund manager.
FSV - Fidelity Special Values PLC
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