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
Future Kid Entertainment and Real Estate Co KSCP is a Kuwait-based public shareholding company engaged in leisure and recreation, education, and real estate investment activities. The Company is specialized in developing, managing and operating children entertainment centers, water theme parks, hotels, family parks, restaurants, and other hospitality properties such as Aqua Park, Messila Village and Cartoon Network Theme Park. In addition, The Company represents international entertainment companies via managing their franchise in Kuwait and Saudi Arabia such as Fantasy Entertainment Franchise, Cartoon Network, Casper’s and Namco Games. Its main subsidiaries are Future Kid Company for Toys and Games WLL, Al Jazeera for Entertainment Projects KSCC, Discovery Al Seif for Kids and Adults Toys WLL , Happy Land Entertainment Dubai, and the Saudi Arabia-based Happy Land Entertainment Company WLL.
KIDK - Future Kid Entertainement and Real Estate Company KSCP
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