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
Cabka NV, formerly Dutch Star Companies Two BV, is a Netherlands-based company. The Company specializes in the manufacture of pallets, including light, heavy and medium duty pallets, as well as large containers, including foldable and rigid pallet containers. The products are made of recycled plastic and have a range of different features. For example, some of the pallets can be used for export or be stackable. The Company serves customers in different industries, such as retail distribution, agri-food like dairy, meat and poultry, pharmaceutical industry, automotive and chemical industry, among others. It offers customized solutions. Its logistic solutions are designed for various operational needs. Cabka serves customers in Europe.
CABKA - Cabka NV
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