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
ABL Diagnostics SA, formerly known as Etablissements Fauvet Girel SA is a France-based company which provides container leasing for rail freight and management of holdings in companies in this sector of activity. The Company also provides Commercial and Industrial Machinery and Equipment Rental and Leasing services.
ABLD - AbL Diagnostics SA
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