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
Moneysupermarket.com Group PLC is a United Kingdom-based company that operates price comparison sites for insurance, money, home services, and other products. Its segments include Insurance, Money, Home Services, Travel, and Cashback. The Insurance segment services include the customer completing transactions for an insurance policy on the provider’s Website, its Website, or a telephone call. The Money segment includes customers completing transactions for money products such as credit cards, loans, and mortgages on the provider’s Website. The Home Services segment includes customers completing transactions for home services products such as energy and broadband on the provider’s Website, its Website, or a telephone call. The Travel segment includes customers completing the transaction for travel products on the provider’s Website or its Website. Cashback segments include customers completing transactions for retail, telecommunications, services, and travel products.
MONY - Moneysupermarket.Com Group PLC
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.