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
Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS (Berkosan) is a Turkey-based company engaged in the production of packaging and insulation solutions for various industries. The Company’s brands include Foamex, which is used in automotive, construction, sports and tubes sectors; Polyberk, which is used in the insulation of tubes, heating systems, and in industrial packaging; Airfoam, which is used in packaging of household products such as metal apparatus and painted surfaces; Airpack, which is used in the packaging of furniture and ceramics, and in logistics sector, and Reflekt, which is used as roofing underlayment for conventional buildings, as heat and water vapor insulator and as sun screens. It acquired patents for PE Foam Bag and PE Side Sealing in 2003 and two new patents in 2010. Berkosan has production facilities in Bursa and Tekirdag.
BRKSN - Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS
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