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
Ebusco Holding NV is a holding company based in the Netherlands. The Company, together with its subsidiaries operates as a developer, manufacturer and distributor of zero emission buses and charging systems as well as a supplier of ancillary services to the electric vehicle ecosystem. The Company is present in countries such as Netherlands, Belgium, France, Germany, Norway, Switzerland and Denmark.. The Company’s buses operate in multiple countries in Europe, including in cities such as Amsterdam, Frankfurt, and Munich. It owns a number of subsidiaries and invests in associates. Its subsidiaries include Ebusco B.V., Ebusco Deutschland GmbH, Ebusco Norway A/S and Ebusco Sweden AB, among others.
EBUS - Ebusco Holding NV
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