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
Altyntau Kokshetau AO is a Kazakhstan-based company, which is engaged in the geological prospecting works, extraction and processing of non-ferrous ores, rare and precious metals, production of concentrates of non-ferrous metals. The Company operates in one business segment, production of refined gold and gold products. It also provides services in the mining and processing of gold ore. The Company conducts its works in Vasilkovskoye mine. It’s a subsidiary of Kaztsink TOO.
ATKT - Altyntau Kokshetau 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.