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
US Foods Holding Corp. is a foodservice distributor. The Company is primarily engaged in marketing, selling and distributing fresh, frozen and dry food and non-food products to food service customers throughout the United States. Its products include meat and seafood, dry grocery products, refrigerated and frozen grocery products, dairy, equipment disposables and supplies and beverage products. It serves customers that include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, and government and military organizations, among others. It provides approximately 400,000 fresh, frozen, and dry food stock-keeping units (SKUs), and non-food items, sourced from 6,000 suppliers. It has a network of 70 distribution facilities and a fleet of 6,500 trucks. Its subsidiary is US Foods, Inc. (USF). It also operates Renzi Foodservice, a broadline distributor located in Watertown, New York.
USFD - US Foods Holding Corp
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