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
Wintime Energy Group Co Ltd, formerly Wintime Energy Co Ltd, is a China-based company mainly engaged in coal business and power business. The Company is engaged in coal mining and sales, power production and development and heating and petrochemical trading. The Company’s products are mainly coking coal and blended coking coal. The Company conducts its business in the domestic market.
600157 - Wintime Energy Group Co Ltd
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