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
Doktas Dokumculuk Ticaret ve Sanayi AS, formerly Componenta Dokumculuk Ticaret ve Sanayi AS, is a Turkey-based company engaged in the production and trade of gray cast iron, spheroidal cast iron and aluminum castings primarily for the automotive industry. The Company’s production and trading operations are conducted in Bursa, Orhangazi, and its aluminum casting factory is located in Manisa Industrial Area. In addition to the automotive industry, the Company provides solutions for a range of industries include agriculture, construction and mining, heavy trucks, machine building and wind power.
DOKTA - Doktas Dokumculuk Ticaret ve Sanayi AS
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