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
Good Drinks Australia Limited is an Australia-based independent brewer. The principal activities of the Company are brewing, packaging, marketing, and selling beer, cider and other beverages. The Company’s segments include Core Hospitality and Hospitality. It offers beer and drinks brands, such as Gage Roads Brew Co (Gage Roads), Matso’s Broome Brewery (Matso’s), Atomic Beer Project, Alby, Hello Sunshine, San Miguel and others. Its products under the Gage Roads brand include Single Fin, Pipe Dreams, Side Track, Little Dove and Hazy As Hazy Pale Ale. Its products under Matso’s brand include Ginger Beer, Mango Beer, Hard Lemon, Hard Berry & Lime, And Hard Melon & Mint. Its products under the Atomic Beer Project brand include Atomic Pale Ale, Atomic Hazy and Atomic Mando Sour. Its Alby brand product offerings include Alby Draught and Alby Crisp. Its Hello Sunshine brand offers Apple Cider, Blackcurrant Blast Off and Passionfruit Pash On.
GDA - Good Drinks Australia Ltd
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