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
CSI Compressco LP is focused on providing contract services related to the exploration and production of oil and natural gas, including natural gas compression services and treating services. The Company’s natural gas is a mechanical process in which the pressure of a given volume of natural gas is increased to a higher pressure. The Company’s treating services include the removal of contaminants from a natural gas stream and cooling to reduce the temperature of produced gas and liquids. The Company also sells used standard compressor packages and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers. It provides contract compression and treating services and compressor parts and component sales to a base of natural gas and oil exploration and production, midstream, transmission, and storage companies operating throughout many of the onshore producing regions of the United States, Mexico, Canada, Argentina, Egypt and Chile.
CCLP - CSI Compressco LP
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