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
Koninklijke BAM Groep NV is a construction company based in the Netherlands. It focuses on the construction sector, and provides civil engineering, mechanical and electrical services. The Company operates through four segments: The Construction and Mechanical and Electrical Services segment focuses on non-residential and residential construction work; the Civil Engineering segment carries out tailored civil engineering products globally, the Property segment develops properties, such as single family homes, and through the PPP segment, the Company operates in the roads, rail, education, health care, judicial and general accommodation sectors. The Company operates in the Netherlands, the United Kingdom, Germany, Belgium and Ireland, among others. It operates through numerous subsidiaries, including BAM Bouw en Vastgoed, BAM Construct UK, BAM Deutschland, BAM Belgium, BAM Contractors, BAM Infra, BAM Nuttall, Wayss & Freytag Ingenieurbau and BAM International.
BAMN - Koninklijke BAM Groep NV
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