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
Xinjiang Xintai Natural Gas Co., Ltd. is a China-based company involved in urban natural gas distribution and sales, home installation and coalbed methane mining business. The Company’s gas products and services include natural gas sales, natural gas home installations and compressed natural gas transportation services. The company is also engaged in the exploration, development and production of coalbed methane, and its main development projects are Panzhuang project and Mabi project. The Company operates its businesses in Xinjiang and Shanxi, China.
603393 - Xinjiang Xintai Natural Gas Co Ltd
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