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
Dierig Holding AG is a Germany-based holding company with subsidiaries active in the segments Home Textiles, Fabric and Real Estate. Through the subsidiaries fleuresse GmbH and Adam Kaeppel GmbH in Germany, Christian Dierig GmbH in Austria and Dierig AG in Switzerland, the Home Textiles segment concentrates on bed linen. Its Fabric activities are carried out by its German subsidiaries, Christian Dierig GmbH and Bimatex Textil-Marketing- und Vertriebs-GmbH, which trade with gray fabric, export damask and furnishing fabric, among others. The Company is also engaged in the development, management and marketing of its production facilities within its segment Real Estate, through its wholly owned subsidiary, Dierig Textilwerke GmbH.
DIEG - Dierig Holding AG
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