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
TPG Inc. is an alternative asset management company. It invests in asset classes, such as private equity, real estate, and public market strategies. It has five multi-product investment platforms: Capital, Growth, Impact, Real Estate and Market Solutions. Its Capital platform is focused on large-scale, control-oriented private equity investments. Its Growth platform provides flexible mandate to capitalize on investment opportunities that are earlier in their life cycle, are smaller in size and/or have different profiles than would be considered for its Capital platform. Its Impact funds are organized in four primary products, including The Rise Funds, TPG Rise Climate, Evercare, and TPG NEXT. Its Real Estate platform invests in real estate through products, including TPG Real Estate Partners, TPG Real Estate Thematic Advantage Core-Plus, TPG RE Finance Trust, Inc., and TPG Angelo Gordon. Its Market Solutions products include Public Market Investing funds and Private Markets Solutions.
TPG - TPG Inc
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