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
Lynch Group Holdings Limited is an Australia-based company, which is engaged in the horticultural production and wholesale of flowers and plants. The Company is a wholesaler and grower of flowers and potted plants. Its segments include Australia and China. Its Australia segment operates a vertically integrated production farm and wholesale operation in Australia. Its China segment operates a production farm and distribution operation in China, primarily supplying the domestic China market as well as the Australian segment. Its products are developed to meet a range of customer demands from gifting, personal use, and functions, and include bouquets, arrangements, and potted plants. In Thornlands (QLD), it grows Gerbera, Phalaenopsis Orchids, and various Potted Color products. In Perth, it operates two facilities, it grows Gerbera, Phalaenopsis Orchids and various Potted Color products, and it grows Geraldton Wax and other wildflowers for the Australian, Asian, and European markets.
LGL - Lynch Group Holdings Ltd
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