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
Windey Energy Technology Group Co Ltd, formerly Zhejiang Windey Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of wind turbines. The Company is also engaged in the investment and operation of new energy power stations. At the same time, the Company cultivates smart service businesses and expands energy storage, new energy engineering project contracting (EPC) services, grid-connected products and services, new energy digital products, and comprehensive energy. services and other diversified businesses. The Company’s products mainly include onshore and offshore wind turbines, new energy power station power generation, smart services, energy storage, new energy project EPC and others.
300772 - Windey Energy Technology Group Co Ltd
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