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
Burelle SA is a France-based holding company active in three areas: Industry and Services, through its subsidiary Compagnie Plastic Omnium SA, investment in other businesses through Burelle Participations and Real Estate, through Sofiparc. Compagnie Plastic Omnium SA, operates through two segments. It specializes in the manufacture of automobile plastic body parts, fuel and pollution control and produces waste containers (waste management systems) and urban/street furniture, as well waste management services. Sofiparc SAS, a wholly owned subsidiary of the Company, manages an office complex in Levallois, and land in Lyon and its Region. Burelle Participations SA, Burelle’s wholly owned subsidiary, is an investment company focusing on investment in medium-sized companies through minority or majority interest holdings. The Company is present in Europe, North America, South America, South Africa and Asia.
BULY - Burelle SA
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