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
Pet Valu Holdings Ltd. is a Canada-based specialty retailer and wholesaler of pet food and pet-related supplies. The Company’s product offering includes its brands, in-store services and omni-channel capabilities. The Company’s pet products specialize for dogs, cats, fish, birds, small pets and reptiles. The Company’s local store offers various services, including grooming, adoption and self-serve spa, such as dog-wash. It provides puppy essentials, dog food, dog treats, dog toys, dog collars, leashes & harnesses and dog carriers & travel. It supplies toys, collars & leashes, apparel & accessories, health & wellness, clean up & waste control, pens & gates, aquariums & starter kits, fish care, water care and others. Its brands include Performatrin Ultra, ACANA, Hill’s Science Diet, ORIJEN, Go! Solutions, Royal Canin, Performatrin Prime, Big Country Raw, Open Farm, Stella & Chewy’s, Purina Pro Plan and Weruva. It operates 758 corporate-owned and franchised locations across the country.
PET - Pet Valu Holdings Ltd
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