Dekel Agri-Vision Plc








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Note on Purification and Zakat

  • 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

Dekel Agri-Vision PLC is a United Kingdom-based agro-industrial company. The Company, through its subsidiaries, is engaged in developing and cultivating palm oil plantations in Cote d’Ivoire for the purpose of producing and marketing Crude Palm Oil (CPO), as well as constructing a Raw Cashew Nut (RCN) processing plant. Its segments include CPO and RCN. It has a portfolio of projects at various stages of the development curve: a fully operational palm oil project in Ayenouan; a large-scale cashew processing project in Tiebissou, and about 24,000 hectares (ha) brownfield development site in Guitry, which is being prepared for development. Its flagship palm oil project in the Ivory Coast spans the production chain, from the cultivation of feedstock in the nursery to the production of palm oil at the 60 ton per hour CPO extraction mill. It owns 100% interest in the Capro-Tiebissou cashew project. The project at Tiebissou provides local smallholders with an outlet for their produce.