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
Trane Technologies PLC is a global climate innovator. Through its brands, such as Trane and Thermo King, and its portfolio of products and services, it brings climate solutions to buildings, homes, and transportation. Its segments include the Americas, EMEA and Asia Pacific. Its Americas segment serves customers in North America and Latin America and includes commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions. Its EMEA segment serves customers in the Europe, Middle East and Africa region and includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions. Its Asia Pacific segment serves customers throughout the Asia Pacific region and includes heating and cooling systems and solutions. It also offers cloud-based connected workplace and enterprise asset management products and solutions.
TT - Trane Technologies PLC
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