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
Molson Coors Canada Inc. is a Canada-based company. The Company is a subsidiary of Molson Coors Beverage Company, which is a holding company. The Company brews, markets, sells and distributes a range of beer brands nationally. The Company’s product brands include primarily Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugel’s Summer Shandy, Creemore Springs, Hop Valley and more. The Company’s segments include Americas and EMEA&APAC. Its Americas segment operates in the United States, Canada and various countries in the Caribbean, Latin and South America. Its EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the United Kingdom, various other European countries, and certain countries within the Middle East, Africa and Asia Pacific.
TPXa - Molson Coors Canada Inc
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