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
Astel AO (Astel OJSC), primarily NewTech TOO, is a Kazakhstan-based company, which is principally engaged in the provision of telecommunication services. Its offer includes such services as network solutions and data transmission, telephony, satellite communication, financial telecommunication, the Internet, international private line, national private line, maintenance, television and radio programs transmission via broadcast satellite and consulting services. The Company operates through such subsidiaries as: ASTEL OOO, Net Style TOO, Tau TV TOO and YuMN OsOO.
ASTL - Astel AO
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