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
Tandem Group plc is a United Kingdom-based holding company. The Company is engaged in the designing, developing, distributing, and retailing of sports, leisure and mobility products. The Company operates through four segments: Toys, Sports & Leisure, eMobility, Bicycles, and Home & Garden. The Toys, Sports & Leisure segment includes character-licensed products, which are mainly wheeled toys (excluding character bikes) and own-brand sports and leisure products, sold to both independent and national retailers. Its eMobility segment includes sales of electric scooters, bikes, golf trolleys, and mobility scooters. Its Bicycle segment includes both child and adult bicycles, along with licensed character bikes. Its Home & Garden segment includes sales of outdoor living products and homeware items. Its brands include Boss, British Eagle, Pot Black, Baby Shark, Kickmaster, Snapframes, Airwave, Claud Butler, Dawes, MoVe, Wired, Zoomies, Spidey and His Amazing Friends, Hedstrom Play, and others.
TND - Tandem Group PLC
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