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
National Gas and Industrialization Company SJSC (GASCO) is a Saudi Arabia based Company, that engaged in the distribution of liquefied petroleum gas (LPG) through a network of filling stations across Saudi Arabia. The Company’s activities include transportation, filling and marketing LPG, which consists of both butane and propane gases, as well as the marketing of cylinders and empty tanks and their accessories to consumer sites. The company has works on the manufacture, transfer and marketing of petroleum products, chemical, glass, auto parts, equipment service centers, and establishment and maintenance of petroleum equipment and vehicles. Its activities include uses of gases, including residential, industrial, agricultural and commercial purposes.
2080 - National Gas and Industrialization Company SJSC
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