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
Target Hospitality Corp. is a specialty rental and hospitality services company. The Company has relocatable specialty rental accommodation units with 16,830 beds across 31 communities. It operates through three segments: Hospitality and Facility Services – South (HFS – South), Government and All Other. HFS – South operations consist primarily of specialty rental and vertically integrated hospitality services from customers located primarily in Texas and New Mexico. Its facilities and operations include 16 communities located across Texas and New Mexico. The Government includes the facilities and operations of the family residential center and the related support communities in Dilley, Texas (the South Texas Family Residential Center) provided under a lease and services agreement with a national provider of migrant programming. All Other consist primarily of specialty rental and vertically integrated hospitality services from customers located outside of the HFS – South segment.
TH - Target Hospitality Corp
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