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
Beluga NV is a Belgium-based investment company. It specializes in acquiring and managing a diversified portfolio with a focus on private equity investments. Beluga NV’s portfolio companies include: BNLfood, a company that offers a number of products related to eggs; la Troupette, a real estate holding company; NRV-Forest and Biomass, an investment fund active in the field of professionalizing forestry; IT Partners, an investment fund, and Auriga International, a dermato-cosmetic company. Other investments by the Company include: Lamifil, formerly known as Lamitref, engaged in metalworking activities; PR Pharmaceuticals, a biotechnology company under liquidation, and Technowledge, a holding company. Hilos SA and Longeval SA hold the majority stake in the Company.
BELU - Beluga NV
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