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
Imperial Brands PLC is a fast-moving consumer goods company. The Company operates through two businesses: Tobacco & NGP and Distribution. The Tobacco & NGP business manufactures, markets and sells tobacco and next-generation products (NGP) and tobacco and NGP-related products, including sales to (but not by) the Distribution business. The Distribution business distributes tobacco and NGP products for tobacco and NGP product manufacturers, including Imperial Brands, as well as a range of non-tobacco and NGP products and services. Its segments include Europe, Americas, Africa, Asia & Australasia (AAA) and Distribution. It offers tobacco products and smoking accessories, such as Golden Virginia fine-cut tobacco, Rizla rolling paper, Backwoods cigars, and traditional oral tobacco offerings in the Nordics such as Skruf. Its international cigarette brands include West, Davidoff, Gauloises and JPS, Winston, Nobel, and Lambert & Butler. It also offers a range of nicotine pouches.
IMB - Imperial Brands PLC
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