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
Parkit Enterprise Inc. provides industrial real estate platform. The Company is focused on the acquisition, growth and management of strategically located industrial properties in Canada, to complement its parking assets across the United States. The Company’s segments include Industrial properties and Parking properties. The Industrial properties segment involves the acquisition, management, and growth of industrial real estate in key markets in Canada. The Parking properties segment involves the acquisition and management of income-producing parking facilities across the United States. Its industrial assets include 1551 Parisien St, Ottawa, Ontario; 5610 Finch Ave East, Toronto, Ontario; 415 Legget Dr, Ottawa, Ontario; 195 Henderson Dr, Regina, Saskatchewan, and others. Its parking assets include Fly-Away Airport Parking, Z Airport Parking, Chapel Square Garage and Canopy Airport Parking Lot. Its portfolio also includes 1151 Parisien Street, 2 Ramm Ave, 415 Legget Dr and others.
PKT - Parkit Enterprise Inc
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