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
Eksun Gida Tarim Sanayi ve Ticaret AS is a Turkey-based company, which is engaged in buying, selling, manufacturing, importing and exporting various kinds of flour and bakery products. The Company also ofers additive flour, various kinds of lowest muesli, mixed flours, full mixture or premixes, starch, baking aids, powder additives and pastry products. Additionally entity acquire, lease and sell movable and immovable properties and their rights, establish and release pledges and mortgages on them, and other works written in the Articles of Association for the Company’s needs.
EKSUN - Eksun Gida Tarim Sanayi ve Ticaret AS
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