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
Alliance Developpement Capital SIIC SE, also known as ADC SIIC, is a France-based real estate investment company engaged in the rental of real property business sector. The Company sales properties, rights relating to a property lease agreements, participation in the partnerships or subsidiaries which opted for that scheme. The properties owns by the Company are located in France and include buildings, hotels and residential spaces, among others.
ALDV - Alliance Developpement Capital SIIC SE
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