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
Safestore Holdings plc is a United Kingdom-based self-storage company. The Company has approximately 181 stores, comprising 130 wholly owned stores in the United Kingdom (including 72 in London and the Southeast with the remainder in metropolitan areas, such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol), 29 wholly owned stores in the Paris region, nine stores in the Netherlands, six stores in Belgium, and seven stores in Spain. It operates more self-storage sites inside the M25 and in central Paris. It provides storage to around 90,000 personal and business customers. The Company has an approximately maximum lettable area (MLA) of 7.698 million square feet (excluding the expansion pipeline stores).
SAFE - Safestore Holdings PLC
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