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
Chargeurs SA is a France-based family-owned entrepreneurial Group. The Company is primarily engaged in providing value-added services for niche markets. It is located and operated across 100 countries. The Company is organised into two business segments: Technologies and Luxury. The Technologies division comprises Chargeurs Advanced Materials, in high-tech surface solutions. Chargeurs PCC Fashion Technologies is involved in interlinings for the luxury and fashion industries and Chargeurs Healthcare Solutions which designs, manufactures, and sells health protection products. The Luxury division comprises Chargeurs Museum Studio, dedicated for content creation and consulting for cultural institutions and brands, Chargeurs Luxury Fibers, engaged in producing high-end and traceable merinos wool fibers and Chargeurs Personal Goods, a recently created business line, which is dedicated to developing luxury personal goods and accessories brands.
CRIP - Chargeurs SA
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