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
Zhejiang Akcome New Energy Technology Co Ltd, formerly Jiangsu Akcome Science & Technology Co Ltd, is a China-based company, principally engaged in the research and development, design, manufacture and distribution of photovoltaic solar energy accessories. The Company’s products mainly include solar borders, solar mounting brackets, solar panels, and ethylene-vinyl acetate copolymer (EVA) films, among others. Its solar borders are mainly applied in fixed and sealed solar cell components. The Company distributes its products within domestic market and to overseas markets.
002610 - Zhejiang Akcome New Energy Technology Co Ltd
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