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
Taylor Wimpey plc is a United Kingdom-based residential developer. The Company operates through two segments: United Kingdom and Spain. Both segments build and deliver residential homes, use consistent methods of construction, and sell homes to both private customers and local housing associations. It builds a range of homes in the United Kingdom, from apartments to six-bedroom houses. In addition, it builds affordable housing across the United Kingdom. It builds and sells over 10,000 homes each year. It operates at a local level from about 23 regional businesses across the United Kingdom, and it also has operations in Spain. In London, it builds developments within the London Boroughs of the City of London, Westminster, Kensington and Chelsea, Hammersmith and Fulham, Camden, Southwark, and Greenwich. In Spain, it builds homes in the locations of Costa Blanca, Costa del Sol and the islands of Mallorca and Ibiza. Taylor Wimpey Logistics (TWL) is its supply chain logistics business.
TW - Taylor Wimpey PLC
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