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
Vince Holding Corp. is a global contemporary retailer. The Company operates through three segments: Vince Wholesale, Vince Direct-to-consumer and Rebecca Taylor and Parker. The Vince Wholesale segment consists of its operations to distribute Vince brand products to department stores and specialty stores in the United States (U.S.) and select international markets. The Vince Direct-to-consumer segment consists of its operations to distribute Vince brand products directly to the consumer through its Vince-branded full-price specialty retail and outlet stores, e-commerce platform and its subscription business Vince Unfold. Rebecca Taylor and Parker segment consists of its operations to distribute Rebecca Taylor and Parker brand products to department and specialty stores in the U.S. and select international markets, directly to the consumer through their own branded e-commerce platforms, and Rebecca Taylor retail and outlet stores, and through its subscription service Rebecca Taylor RNTD.
VNCE - Vince Holding Corp
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