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
Agaseem Factory for Chemicals and Plastics Company SJSC is a Saudi Arabia-based company, engaged in the production of automotive engine oils. The company’s products include hydraulic oils, liquid asphalt insulators, solvents, plastic caps for containers, industrial and automobile greases, acetic acid for batteries, citric acids and packaging Plastics, base oils, gasoline and diesel engine lubricants, transmission oils and cleaning oils breaker oils.
9539 - Agaseem Factory for Chemicals and Plastics Comany SJSC
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