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
Delorean Corporation Limited is a builder and developer of bioenergy infrastructure and a retailer of electricity throughout Australia. Its principal activities include renewable energy asset investment, development, construction, tank and infrastructure fabrication, and energy retail. Its segments include Infrastructure, Engineering and Energy retail. Its Infrastructure segment specializes in the infrastructure development and management of its owned and operated bioenergy plants using mature technology anaerobic digestion systems. Its Engineering segment is engaged in engineering, procurement and construction (EPC), and operation and management (O&M) of anaerobic digestion bioenergy plants. Its Energy retail segment is engaged in building a range of products to its retail energy portfolio. Its projects include Jandakot Bioenergy plant, Blue Lake Milling Bioenergy plant, Ecogas Bioenergy plant, SA1 Salisbury Bioenergy plant, VIC1 Stanhope Bioenergy plant and QLD1 Bioenergy Plant.
DEL - Delorean Corporation Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.