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
Harland & Wolff Group Holdings PLC is a United Kingdom-based multisite fabrication company, operating in the maritime and offshore industry. The Company’s operating engineering facilities with deep water access, deep water quayside berths and fabrications halls. Its facilities include Belfast, Methil, Arnish, and Appledore. The Company operates across six segment, namely cruise and ferry, commercial, energy, defense, renewables, and other. It provides a range of services, including technical services, fabrication and construction, repair and maintenance, in service support, conversion, decommissioning and fishing vessels. Its technical services team comprises naval architecture, systems design and engineering, electrical design and engineering, steel structural design and engineering, and general arrangement and outfit design. It supports the entire conversion process from initial feasibility studies and detail design, through to fabrication and any extended lifetime support.
HARL - Harland & Wolff Group Holdings PLC
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