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
Safe & Green Holdings Corp. is a modular solutions company. The Company operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for green solutions across various industries, including residential, commercial, and point-of-care medicine. It also supports third-party and in-house developers, architects, builders, and owners in greener construction. The Company’s segments include construction, medical and environmental. The construction segment designs and constructs modular structures built in its factories using raw materials that are made in the United States. In the medical segment, it uses its modular technology to offer turnkey solutions for medical testing and treatment. The environmental segment offers sustainable medical and waste management solutions that have patented technology to collect waste and treat waste for safe disposal.
SGBX - Safe & Green Holdings Corp
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