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
G8 Education Limited is an Australia-based provider of quality care and education services. The Company’s principal activities include the operation of early education centers owned by the Company and its subsidiaries, and ownership of franchised childcare centers. The Company operates through the management of childcare centers. The Company’s portfolio consists of approximately 448 centers under 21 brands in Australia. Its centers provide a total combined licensed capacity of approximately 37,800 places. The Company offers brands, including jellybeans, buggles, Creative Garden, Kinder Haven, headstart, The Learning Sanctuary, GREENWOOD, Sandcastles, Leor, NutureOne and PELICANS. The Company’s subsidiaries include Grasshoppers Early Learning Centres Pty Ltd, Togalog Pty Ltd, Bourne Learning Pty Ltd, Ramsay Bourne Licences Pty Ltd, World Of Learning Licences Pty Ltd, Shemlex Investment Unit Trust, Kindy Kids Long Day Care and Preschool Trust.
GEM - G8 Education Ltd
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