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
Fiducial Office Solutions SA is a France-based holding company primarily engaged in the distribution of office stationery, furniture and supplies. The Company offers a range of stationery products, including paper, filing solutions and correspondence supplies. It also offers a range of computing equipment, such as printers, faxes, scanners, video projectors and digital photography equipment. In terms of office equipment, Fiducial Office Solutions SA supplies companies with desks, tables, chairs, cupboards and other office units. The Company also has a printing division producing letterheads, invoices, business cards, personalized envelopes and brochures.
SACP - Fiducial Office Solutions SA
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