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
Atp Yazilim ve Teknoloji AS, formerly known as Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret AS, is a Turkey-based company, which provides IT solutions. The main fields of activity of the entity is to produce computer software and software served over cloud systems, including commercial software, to install them, to provide user training and consultancy, to buy and sell computer and infrastructure hardware, 3rd party software and peripherals. The Company has more than 500 customers in Turkey, China and the EMEA Region. Atp Yazilim provides services in 5 main areas and these are digital transformation (CRM, ERP and BI solutions), consultancy, cloud services, infrastructure services and IT services.
ATATP - Atp Yazilim ve Teknoloji AS
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