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
DEME Group NV is a Belgium-based company that provides engineering services. The Company provides global marine sustainable solutions. Its activity is organized around four segments, such as DEME Offshore Energy, DEME Dredging & Infra, DEME Environmental, and DEME Concessions. It offers engineering and contracting services globally in the offshore renewables and non-renewables sectors The Company is involved in the full Balance of Plant scope for offshore wind farms that includes the engineering, the procurement, the construction and the installation of foundations, turbines, inter-array cables, export cables and substations. It provides wide variety of dredging activities worldwide, including capital and maintenance dredging, land reclamation, port construction, coastal protection and beach nourishment works. It offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment.
DEME - DEME Group NV
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