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
Regional Health Properties, Inc. is a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living. The Company operates through two segments: Real Estate segment, which consists of owning and leasing/subleasing healthcare facilities, predominantly skilled nursing facilities (SNFs) and assisted living facilities (ALFs), to third-party tenants, which in turn operate the facilities, and Healthcare Services, which consists of operating the healthcare facilities. The Company’s primary business consists of acquiring and owning real estate property to be leased to third-party tenants in the healthcare sector. The Company has a geographically diverse portfolio of healthcare investments across the Southeast United States that offer a range of services, including skilled nursing, assisted and independent living and memory care.
RHE - Regional Health Properties Inc
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