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
XP Factory plc is a United Kingdom-based company that operates pre-eminent experiential leisure businesses. The Company operates two leisure brands including Escape Hunt and Boom Battle Bar. Escape Hunt is engaged in providing escape-the-room experiences delivered through a network of owner-operated sites in the United Kingdom, an international network of franchised outlets in approximately five continents, and through digitally delivered games which can be played remotely. Boom Battle Bar is a network of owner-operated and franchise sites in the United Kingdom that combine competitive socializing activities with themed cocktails, drinks and street food setting. Its activities include a range of games, such as augmented reality darts, Bavarian axe throwing, crazier golf, shuffleboard and others.
XPF - XP Factory Plc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.