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
Aktyubinskiy Zavod Metallokonstruktsiy AO is a Kazakhstan-based company, which is engaged in the design and production of a range of metal structures for the construction industry. The Company produces buildings and carcass made of metal, non-standard metal structures, steel welded I-beams, underground storage and surface storage tanks, silos, reservoirs, mine arched metals, block-boxes, wall and roofing sandwich panels. The Company’s project portfolio includes service center for repair of gas-transfer equipment, pipe racks, indoor tennis court and metalwork preparation workshop, among others. It operates in Kazakhstan, as well as in the Russian Federation.
AKZM - Aktyubinskiy Zavod Metallokonstruktsiy AO
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