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
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS is a Turkey-based company that manufactures cotton yarns, carpets and rugs. Yarns manufactured are carded yarn, combed yarn, open-end yarn, organic yarn and mixed yarn, among others. These yarns are manufactured by using cotton, polyester, polyamide, viskose and bamboo cotton mixes. The Company operates through subdivisions, including Birko Inc., Birko Koyunlu Inc., Birko Energy Inc. and Koyunlu Tekstil Inc.
BRKO - Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.