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
Hillman Solutions Corp. is a provider of hardware-related products and related merchandising services. The Company’s segments include Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Hardware and Protective Solutions segment includes a selection of product categories, including fasteners, builders’ hardware, wall hanging, threaded rod and metal shapes, letters, numbers and signs (LNS), and personal protection equipment. The Robotics and Digital Solutions segment consists primarily of software-enabled robotic key duplication and engraving solutions that are tailored to the needs of the consumer. The Canada segment distributes fasteners and related hardware items, threaded rods, keys, key duplicating systems, accessories, and identification items, such as tags and letters, numbers, and signs to hardware stores, home centers, mass merchants, industrial distributors and automotive aftermarket distributors.
HLMN - Hillman Solutions Corp
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