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
Kemper Corporation is a diversified insurance holding company. The Company is engaged, through its subsidiaries, in the property and casualty insurance and life insurance businesses. It is engaged in providing personalized solutions to individuals, families, and businesses through its Auto, Personal Insurance, and Life brands. The Company’s Specialty Property & Casualty Insurance segment provides personal and commercial automobile insurance to consumers. Its Specialty Property & Casualty Insurance segment, which is based in Chicago, Illinois, conducts business in states under the Kemper Auto brand. The Company’s Preferred Property & Casualty Insurance segment primarily sells preferred automobile insurance, homeowners’ insurance and other personal insurance. The Company also provides individual life and property insurance. It conducts its operations solely in the United States.
KMPR - Kemper Corp
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