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
Forbidden Spirits Distilling Corp. is a Canada-based craft distillery. The Company is engaged in the production of craft alcoholic spirits. It manufactures, bottles and sells alcohol from its on-site tasting room directly to retail customers or from its manufacturing plant directly to on-premises customers such as restaurants, pubs, hotels and golf courses and directly to off-premises customers such as private beer, wine and spirits stores. Its principal product is alcohol, which ferments from apples and distills, blends, bottles, boxes, and distributes throughout British Columbia. The Company offers a portfolio of brands including REBEL Vodka, Forbidden Spirits Vodka, Adam’s Apple Brandy, Eve’s Original Gin, Adam’s Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka, and Wallace Hill Whisky.
VDKA - Forbidden Spirits Distilling Corp
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