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
Avrupa Yatirim Holding AS, formerly Baysan Trafo Radyatorleri Sanayi ve Ticaret AS, is a Turkey-based company engaged in the manufacture of radiators, radiator tanks, wave wall heaters and their tanks as well as instrumental panels. The Company has one subsidiary in Turkey, Baysan Transformator Pazarlama Ve Ticaret Limited Sirketi, that is engaged in the marketing of the Company’s products (import and export). The Company exports its products to Ukraine, Russia, Romania and Poland. In August, 2014, the Company acquired Gulden Saglik Hizmetleri Ticaret A.S and Valide Etfal Ozel Saglik Hizmetleri Medikal Insaat Gida Sanayi ve Ticaret Limited.
AVHOL - Avrupa Yatirim Holding AS
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