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
Northwest Natural Holding Company is a holding company. The Company, through its subsidiaries, provides of natural gas services. Its subsidiary, Northwest Natural Gas Company (NW Natural) distributes natural gas to residential, commercial, and industrial customers in Oregon and southwest Washington. It operates through the Natural Gas Distribution (NGD) segment. The NGD segment provides natural gas service through approximately 795,000 meters in Oregon and southwest Washington. The NGD segment serves residential, commercial, and industrial customers. Its other business activities, including certain gas storage activities, water and wastewater businesses, non-regulated renewable natural gas activities. It has a diverse portfolio of short, medium, and long-term firm gas supply contracts and a range of contract types, including firm and interruptible supplies as well as supplemental supplies from gas storage facilities. Its storage facility is located near Chehalis, Washington.
NWN - Northwest Natural Holding Co
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