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
Plains GP Holdings, L.P. owns and operates critical midstream infrastructure systems that connect various producing regions to key demand centers and export terminals. The Company’s assets and the services it provides are primarily focused on crude oil and natural gas liquids (NGL). The Company has two segments: Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment’s operations generally consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other facilities-related services utilizing its integrated assets across the United States and Canada. The NGL segment’s operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. The segment provides gathering, fractionation, storage, and/or terminalling services to third-party customers for a fee, and also engaged in merchant activities that support the assets.
PAGP - Plains GP Holdings LP
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