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
Enerflex Ltd. is a global provider of energy infrastructure and energy transition solutions. It delivers natural gas processing, compression, power generation, refrigeration, cryogenic, and producing water solutions. The Company’s segments include North America (NAM), Latin America (LATAM), and the Eastern Hemisphere. The NAM segment is comprised of operations in Canada and the United States of America. The LATAM segment is comprised of operations in Argentina, Bolivia, Brazil, Colombia, Ecuador, Mexico and Peru. The Eastern Hemisphere segment is comprised of operations in the Middle East, Africa, Europe and Asia Pacific. Its energy infrastructure product line includes infrastructure solutions under contract for natural gas processing, compression, produced water, and electric power equipment. Its after-market services product line provides after-market mechanical services, parts distribution, operations and maintenance solutions, equipment optimization and maintenance programs.
EFXT - Enerflex Ltd
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