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
Westrock Coffee Company is an integrated coffee, tea, flavors, extracts, and ingredients solutions provider. The Company is engaged in providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to the retail, food service and restaurant, convenience store and travel center, non-commercial account, CPG and hospitality industries. Its segments include Beverage Solutions and Sustainable Sourcing & Traceability (SS&T). The Beverage Solutions segment provides value-added beverage solutions, including coffee, tea, flavors, extracts, and ingredients. It also provides products in a variety of packaging, including branded and private label coffee in bags, fractional packs and others. Through SS&T segment, it utilizes its technology and digitally traceable supply chain to directly impact and improve the lives of its farming partners, tangible economic empowerment and an emphasis on environmental accountability and farmer literacy.
WEST - Westrock Coffee Co
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