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
Smartphoto Group NV is a Belgium-based company that operates in Business to Customer (B2C) and Business to Business (B2B) electronic commerce (E-commerce) with photo products. The Company’s photo products include photo books, photo cards, photo calendars, photo on canvas and photo gifts, offered under the smartphoto and the smartphoto.biz brands. Trough Spector by smartphoto brand the e-commerce segment offers the same photo products to independent photographers. The Company’s subsidiaries are Alexander Photo SA, DBM-Color NV, Extra Film A/S, Filmobel NV, Promo Concept Investment BVBA, Smartphoto AG, Smartphoto NV, Smartphoto SAS, Smartphoto Nordic AB, Smartphoto Services NV and Spector Coordinatiecentrum NV, among others.
SMAR - Smartphoto Group NV
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