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
RTX Corporation is an aerospace and defense company. The Company is advancing aviation, engineering integrated defense systems, and developing technology solutions. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for aircraft manufacturers, airlines, and regional, business and general aviation, as well as for defense and commercial space operations. Pratt & Whitney segment supplies aircraft engines for commercial, defense, business jet and general aviation customers. Raytheon segment provides advanced air and missile defense systems, effectors, hypersonic, sensors and radars, cybersecurity services, and integrated space solutions for government and commercial customers.
RTX - RTX Corp
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