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
Lassonde Industries Inc. is a Canada-based food and beverage company. The Company, through its subsidiaries, develops, manufactures, and markets a range of ready-to-drink juices and drinks, fruit-based snacks in the form of bars and bites as well as frozen juice concentrates in North America. The Company is a producer of fruit juices and drinks in Canada as well as a producer of store-brand shelf-stable fruit juices and drinks in the United States. It is also a producer of cranberry sauces and specialty food products, such as pasta sauces, soups as well as fondue broths and sauces. In addition, it produces apple cider and cider-based beverages and imports selected wines from several countries of origin for packaging and marketing purposes. It operates in two market segments, namely the retail segment and the food service segment. The Company operates approximately 16 plants located in Canada and the United States of America.
LASa - Lassonde Industries Inc
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