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
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS is a Turkey-based company primarily engaged in the manufacture of metal packing cans. The Company specializes in designing, producing and distributing cans and metal boxes for the food industry. Its products are used to preserve cheese, olives, pickles, and vegetable oils, among others. It offers a range of can sizes and shapes. Furthermore, the Company provides metal offset printing for third parties. It operates two facilities in Turkey.
BNTAS - Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
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