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
Ocado Group PLC is a United Kingdom-based technology-led software and robotics platform business. The Company provides a technology platform, as a managed service, for retailers around the world who are looking to build e-commerce operations in their markets. It provides Ocado Smart Platform (OSP), a platform that provides an end-to-end suite of solutions for online grocery fulfillment to its retail partners. It operates through three segments: Retail, UK Solutions & Logistics, and International Solutions. The Retail segment provides online grocery and general merchandise offerings to customers within the United Kingdom and comprises Ocado Retail Limited. The UK Solutions & Logistics segment provides the information technology (IT) platform, CFCs and logistics for customers in the United Kingdom (Wm Morrisons Supermarkets Limited and Ocado Retail Limited). The International Solutions segment provides end-to-end online retail solutions to corporate customers outside the United Kingdom.
OCDO - Ocado Group PLC
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