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
Transition Evergreen SA is a France-based investment company that engages in the ecological transition and the reduction of the carbon footprint. The Company invests in French and European small and medium-sized enterprises (SMEs) that focus on the ecological transition as part of their vector of development and growth, providing digital audio network solutions for radio broadcast and sound distribution. The fund mainly invests in companies managing biogas, decentralized renewable energy, sustainable forest management, and hydrogen mobility. Its products include computer sound cards and development tools for sound cards, broadcasting equipment, digital mixing consoles, audio management software, cables and connectors, network audio operating systems, and network audio devices and technologies.
EGR - Transition Evergreen SA
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