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
Aman Munai Exploration AO is a Kazakhstan-based company, which is primarily engaged in the oil exploration industry. It operates as a holding Company that controls and manages of hydrocarbon assets in the Republic of Kazakhstan. The Company carries out exploration and development of Akzhar East oil field, which is part of the block and is located in the Bayganinsky district of the Aktobe region.
AMAN - Altay Resources AO
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.