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
Artea SA is a France-based company that provides real estate and renewable energies services. The Company operates in sectors, such as real estate promotion, real estate renting, holding and energy. It offers its work in fields of promotion, investment, asset management, environmental design, architecture, space planning and renewable energy integrated in the building. Its energy sector designs and produces equipment for environmental buildings and generates electricity by its photovoltaic power plants and hydraulic dams. The Company carry out specific interior design projects by providing the furniture, decoration of the spaces and landscaping projects. It provides private smart-grid electrical system, which distributes energy between the different buildings in a defined space.
ARTE - Artea SA
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