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
Patriot Transportation Holding, Inc. is engaged in the transportation business. The Company, through its subsidiary, Florida Rock & Tank Lines, Inc., is engaged in hauling petroleum related products, dry bulk commodities and liquids. The Company specializes in hauling freight consisting mainly of petroleum products and other liquid and dry bulk commodities. Its hauling dry bulk commodities such as cement, lime and various industrial powder products, water and liquid chemicals. The Company’s petroleum clients include convenience store and hypermarket accounts, fuel wholesalers and oil companies. The Company’s dry bulk and chemical customers include large industrial companies, including cement and concrete accounts and product distribution companies. The Company operates terminals in Florida, Georgia, Alabama, and Tennessee. Its fleet of approximately 265 Company tractors, over 36 owner operators and approximately 415 trailers from its 17 terminals and six satellite locations.
PATI - Patriot Transportation Holding Inc
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