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
Maui Land & Pineapple Company, Inc. is a landholding and operating company. The Company owns approximately 22,000 acres of land on the island of Maui, Hawaii and develops, sells, and manages residential, resort, commercial, agricultural, and industrial real estate properties. The Company operates through three segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment consists of land planning and entitlement, development, and sales activities. The Leasing segment include commercial, agricultural, and industrial land and property leases, licensing of its registered trademarks and trade names, management of potable and non-potable water systems in West and Upcountry Maui, and stewardship of conservation areas. The Resort Amenities segment manages the operations of the Kapalua Club, a private, non-equity club program providing its members special programs, access, and other privileges at certain amenities at the Kapalua Resort.
MLP - Maui Land & Pineapple Company Inc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.