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
Village Farms International, Inc. is a vertically integrated supplier of plant-based consumer packaged goods in the cannabis and cannabidiol (CBD) categories in North America and selected markets internationally. The Company’s segments include Produce, Cannabis Canada, Cannabis United States and Energy. The Produce segment produces, markets, and sells quality tomatoes, bell peppers and cucumbers. The Cannabis Canada segment produces and supplies cannabis products to be sold to other licensed providers and provincial governments across Canada and internationally. The Cannabis United States segment develops and sells CBD-based health and wellness products, including ingestible, edible and topical applications. The Energy segment produces power that it sells per a long-term contract to its customers. Its subsidiaries include Village Farms Canada LP, Village Farms LP, Pure Sunfarms Corp, Balanced Health Botanicals, LLC, and Rose LifeScience Inc.
VFF - Village Farms International Inc
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