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
Nationale Bank Van Belgie NV formerly Banque Nationale De Belgique SA is a Belgium-based bank., It provides implementation of European monetary policy: preparation of studies and statistics, management of relations with credit institutions through monetary instruments, management of foreign exchange reserves, etc. It offers management of payment and settlement systems: production and circulation of fiduciary money, organization and management of interbank payment systems and a securities settlement system, centralized processing of trade bills, etc., The Bank supervision financial system, such as development of regulations, control of payment and securities settlement systems. It provides provision of services to the State and dissemination of economic and financial information.
BNAB - Nationale Bank Van Belgie NV
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