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
Groupe JAJ SA is a France-based company that is engaged in the design, manufacture, marketing and distribution of sportswear, leisure clothing in varying price ranges. The Company’s activities revolve mainly around Schott brand, Espadrille Rivieras and others. As of December 31, 2011, it had one subsidiary, D. Distribution Sarl and several associated companies engaged in the retail operations. Groupe JAJ SA is present in France, the United Kingdom, Spain and the Scandinavian countries, among others. In January 2014, it announced that it opened new stores Paris, Aix en Provence, Zurich, The Hague and Algiers.
JAJP - Groupe JAJ SA
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.