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
Elia Group SA, formerly known as Elia System Operator SA, is a Belgium-based electricity high-voltage transmission system operator. The Company transmits electricity over its high-voltage network from generators to large industrial consumers, as well as to distributors, which in turn feed Belgian households and businesses. It is assigned of the Belgian electricity transmission system operator under licenses issued by the federal government and the regional governments. Its grid forms are connection between France and the markets of Northern Europe. The Company operates through numerous subsidiaries and affiliated entities in Belgium, Germany, Luxemburg, The Netherlands and France, among others. It is active through Elia Grid International.
ELI - Elia Group SA
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