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
Aerison Group Limited is an Australia-based engineering design and construction company. The Company’s segments include Specialist Projects and Engineering, and Asset Projects and Asset Services. The Specialist Projects and Engineering and Asset Projects segment comprises supply and construct, or engineer, procure and construct services for customers involved in the construction of complex infrastructure, including switch rooms, dust collectors, gas scrubbers, conveyor belts and saline water reverse osmosis plants. The Asset Services segment renders routine and preventative, mechanical and electrical maintenance services, including minor sustaining capital works. The Asset Services segment specializes in the maintenance of chutes, bins, conveyors and material handling equipment on mine sites. It serves various markets, including minerals and mining, oil and gas, infrastructure and power generation.
AE1 - Aerison Group Ltd
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