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
GDI Property Group Limited is a property owner and fund manager. The Company is an integrated, internally managed commercial property investor with capabilities in the identification and execution of acquisition opportunities, and then the ownership, management, development, refurbishment, leasing, and syndication of assets. It operates in two segments: Property investment and Funds management. The Property investment segment is engaged in investment and management of income-producing properties. The Funds management segment is engaged in the establishment and management of property investment vehicles. The Company manages property investments in New South Wales, Brisbane, Perth and Southeast Queensland and North Queensland. Its listed properties include 301-311 Wellington Street; 301-311 Wellington Street; 180 Hay Street; Westralia Square 1; Westralia Square 2, and Mill Green Complex. Its unlisted properties include 6 Sunray Drive; 235 Stanley Street, and 1 Adelaide Terrace.
GDI - GDI Property Group Ltd
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