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
EKOTON+ AO (EKOTON+ JSC) is a Kazakhstan-based company, which is involved in the production and sale of construction materials. The Company offers such products as: concrete blocks, concrete pallets and aerated concrete items, among others. The Company operates through two plants located in Astana and Aktobe, as well as two wholly owned subsidiaries: Ekoton-Batys TOO and Ekoton-Korgalzhyn TOO. As of April 1, 2012, the Company’s major shareholder was Otau-K TOO with a stake of 41.56%.
EKTN - Ekoton+ AO
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