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
LL Flooring Holdings, Inc. is a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The Company offers an extensive assortment of hard-surface flooring, including waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork, with a range of flooring enhancements and accessories to complement. The Company also provides in-home delivery and installation services to its customers. The Company primarily sells to consumers or to flooring-focused pros, such as flooring installers, remodelers, and small to medium home builders (Pros) on behalf of consumers through a network of store locations in metropolitan areas. The Company operates approximately 442 retail stores located in 47 states. The Company’s subsidiaries include LL Flooring, Inc., LL Flooring Services, LLC, Lumber Liquidators Leasing, LLC, Lumber Liquidators Foreign Holdings, LLC and Lumber Liquidators Canada ULC.
LL - LL Flooring Holdings Inc
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