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
Travis Perkins plc is a distributor of building materials in the United Kingdom. The Company’s segments include Merchanting and Toolstation. Its Merchanting segment includes brands, such as Travis Perkins, BSS, Keyline, and CCF. Travis Perkins brand is a general merchant, which offers heavy side products. BSS brand supplies commercial and industrial heating and cooling solutions to contractors. CCF brand distributes insulation and interior building products from its approximately 40 branches to contractors throughout Great Britain. Keyline brand supports housebuilders, groundworkers, and infrastructure contractors to build and redevelop facilities. Toolstation is a supplier of a range of products to the trade, do-it-yourself (DIY) customers. Toolstation operates over 550 branches across Great Britain and also operates in the Netherlands, Belgium, and France. Its product mix includes plumbing and heating, heavy side, light side, and timber.
TPK - Travis Perkins PLC
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