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
Primo Water Corporation is a water solutions provider. The Company’s segments include North America and Europe. The North America segment provides bottled water solutions, water filtration and coffee services to customers in North America. Products included in its North America segment consist primarily of bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, sparkling and flavored essence water, filtration equipment and coffee. The Europe segment provides bottled water, water filtration and coffee services to customers in Europe. Products included in its Europe segment consist of bottled water, purified bottled water, premium spring, sparkling and flavored essence water, mineral water, filtration equipment and coffee. Its razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, it delivers hydration solutions across its 21-country footprint direct to customers.
PRMW - Primo Water Corp
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