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
Hertz Global Holdings, Inc. is a holding company. The Company is engaged principally in the business of renting vehicles primarily through its Hertz, Dollar and Thrifty brands. The Company operates through two segments: Americas RAC and International RAC. Americas RAC segment provides rental of vehicles, well as sales of vehicles and value-added services, in the United States, Canada, Latin America and the Caribbean, and also has franchisees and partners that operate rental locations under its brands. The International RAC segment provides rental and leasing of vehicles, as well as sales of value-added services in locations other than the United States, Canada, Latin America and the Caribbean. It operates its vehicle rental business globally from approximately 11,600 Company-operated and franchisee locations across approximately 160 countries and jurisdictions, including North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand.
HTZ - Hertz Global Holdings Inc
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