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
Impact Healthcare REIT PLC is a real estate investment trust. The Company provides shareholders with an attractive return, by investing in a diversified portfolio of United Kingdom healthcare real estate assets, in particular residential and nursing care homes. Its strategy is to identify new healthcare properties and tenants who diversify its portfolio and deliver economies of scale. It works with its tenants to implement asset management opportunities that benefit the tenant, residents and shareholders. Its objective is to provide shareholders with attractive and sustainable returns, in the form of quarterly dividends, while also generating growth in net asset values over the medium term. It acquires, owns, leases, renovates, extends and redevelops healthcare real estate assets in the United Kingdom, in particular elderly care homes, and to lease those assets to care home operators and other healthcare service providers. Its investment manager is Impact Health Partners LLP.
IHR - Impact Healthcare REIT PLC
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