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
Atland SA is a France-based company that specializes in the real estate investments and development. The Company is organized in three operational units: real estate development, renovation and investment sectors. The Company invests in the real estate assets, such as offices, warehouses, retail outlets and light industrial premises located in Paris and in the Ile de France region, Belgium and Poland. It also provides businesses with sale-leaseback operations and is engaged in project design, among others. It operates through Financiere Rive Gauche.
ATLD - Atland SA
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