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
Williams Industrial Services Group Inc. provides infrastructure services, including construction, maintenance and support, to customers in energy, power and industrial end markets. It provides these services both on a constant presence basis and for discrete projects. Its services include plant maintenance, modification and construction; water/wastewater system new installation, expansions and modifications; painting and coatings; insulation; asbestos and lead abatement; roofing systems; and analog to digital conversions. It provides a range of critical services, including maintenance, modification, repair and other capital project services. It installs, maintains and modifies water and wastewater systems, including piping, pumping, storage tank and other related facilities. It offers cleaning, surface preparation, coatings application, quality control and inspection testing on coating projects for nuclear and fossil fuel power plants, industrial facilities and petrochemical plants.
WLMS - Williams Industrial Services Group Inc
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