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
Aksu Enerji ve Ticaret AS (Aksu Enerji) is a Turkey-based company engaged in the establishment and management of power plants, and in the generation and distribution of electric power. The Company generates electric power in its Caykoy Hes Power station, which is composed of water taking unit, water transportation channel and penstocks, power station building and units, and power station exiting water (tail water) unit.
AKSUE - Aksu Enerji ve Ticaret AS
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