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
Celebi Hava Servisi AS is a Turkey-based company engaged in ground handling services. Its services include operation services, such as compiling flight programs and obtaining flight and airport parking permits; passenger services, including luggage reception and delivery services, as well as boarding services; cargo services, such as loading, unloading and handling of cargo and cargo transfer services; ramp services, such as technical operations and services during landing, and security services, such as luggage and document inspection and the provision of security systems. The Company operates in more than 20 airports in Turkey, including Istanbul Ataturk, Izmir, Ankara, Adana, Antalya, Bodrum, Bursa Yenisehir, Diyarbakir, Erzurum, Trabzon, Malatya, Kars, and Mardin. Its subsidiaries include Celebi Ground Handling Hungary Foldi Kiszolgalo Kft, Celebi Delhi Cargo Terminal Management India Pvt Ltd, and Celebi Airport Services India Pvt Ltd, among others.
CLEBI - Celebi Hava Servisi AS
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