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
Informa PLC is an international events, digital services, and academic knowledge company. The Company delivers a range of products and services based on knowledge, connections and market access, including smart events, specialist content and media, audience development solutions, digital lead and demand generation services, peer-reviewed knowledge, open research and partnering platforms. Its divisions include Informa Markets, Informa Tech, Informa Connect, Taylor & Francis and Tarsus. Informa Markets connects buyers and sellers in the specialist markets. It offers smart events, such as branded exhibitions and specialist digital content and data. Informa Tech informs, connects, and inspires tech businesses and professionals. Informa Connect provides businesses and professionals with connections and a commercial edge, delivered through content-led live events and on-demand experiences and specialist digital content. Taylor & Francis provides a range of academic knowledge services.
INF - Informa PLC
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.