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
Organto Foods Inc. is engaged in the sourcing, processing, packaging, distribution and marketing of fresh organic and non-GMO fruit and vegetable products. The Company offers a range of branded, healthy and nutritious fresh organic fruits, vegetables and herbs across many countries. It uses geographically diverse growing regions, including South America, North America, Africa and Europe. Its brands include I AM Organic and Fresh Organic Choice. I AM Organic product provides fresh organic vegetables, fruits and herbs. Fresh Organic Choice offers a range of branded and private label fresh cut organic herbs, such as mint, oregano, basil, chives, parsley, dill, thyme, sage, rosemary, and others. Its products include convenience and to-go, vegetable mix, fresh meal kit, asparagus, avocados, blueberries, fine beans, ginger, herbs, mangetout, mango, limes, passion fruit, raspberries and sugar snaps. Its sourcing’s regions include many countries in Europe, North and Latin America and Africa.
OGO - Organto Foods Inc
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