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
Terreno Realty Corporation acquires, owns, and operates industrial real estate in six coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), trans-shipment and improved land. It focuses on functional buildings in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which it operates. It owns approximately 257 buildings aggregating approximately 15.9 million square feet, over 46 improved land parcels consisting of approximately 165.8 acres and seven properties under redevelopment. The Company also owns an industrial property located in Redondo Beach, California, which consists of one industrial transshipment building and one industrial flex building.
TRNO - Terreno Realty Corp
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