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
OrganiGram Holdings Inc. operates through its subsidiaries, Organigram Inc (Organigram) and Laurentian Organic Inc. The Company is focused on producing indoor-grown cannabis for patients and adult recreational consumers in Canada. Organigram is a licensed producer of cannabis and extract-based products. It also manufactures cannabis-infused soft chews in Canada. The Company produces cannabis for patients and adult recreational consumers. Organigram has developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. Organigram operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with an edibles manufacturing facility in Winnipeg, Manitoba. Its Quebec’s brand portfolio includes Tremblant Cannabis, artisanal craft brand, and Laurentian. Laurentian Organic Inc. is a licensed producer of cannabis and cannabis-derived products in Canada.
OGI - OrganiGram Holdings Inc
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