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
Bunge Global SA is a Switzerland-based Company which operates in agricultural and food industry. The Company is a holding company of the Bunge Group, whose main purpose is to deliver various food and fuel products worldwide. Bunge is primarily engaged in the processing, transportation, and sale of agricultural products as well as the processing, storage and sale of grains, oilseeds and proteins. Bunge manufactures and sales specialty edible oil products, such as packaged and bulk oils and fats derived from the vegetable oil refining processes. The Company focuses also on developing tailored made solutions for dietary needs and dispositions in every part of the world. Bunge sells their products to customers on a global scale.
BG - Bunge Global SA
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