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
Topps Tiles Plc is a tile specialist. The principal activity of the Company is the sale and distribution of ceramic and porcelain tiles, natural stone, and related products. Its products and services include bathroom tiles, kitchen tiles, outdoor tiles, floor tiles, wall tiles, natural stone, mosaic tiles, adhesive and finishing, and style and advice. The Company offers specialist product expertise and customer service to trade and homeowner customers through a Website and a nationwide store network. It offers an extensive range, with approximately 2,000 tiles available to order and a range of consumable products, including own-brand products. Its Parkside brand is a tile specialist, aimed at architects, designers and contractors in the commercial market. Pro Tiler Tools is its online specialist supplier of tiling-related consumables and equipment to trade customers. Tile Warehouse is its online only brand, which offers homeowners everyday low pricing on a range of products.
TPT - Topps Tiles PLC
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.