Emmerson PLC








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Note on Purification and Zakat

  • 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

Emmerson Plc is an Isle of Man-based potash development company. The Company is focused on the development of the Khemisset Potash Project in Northern Morocco. Its Khemisset Potash Project has a JORC Resource Estimate of 537 million tons at 9.24% potassium oxide and exploration potential with an accelerated development pathway. Khemisset is located to benefit from the expected demand for NPK fertilizers on the African Continent. Its project is located approximately 90 kilometers from Rabat, and the planned bulk port of Kenitra Atlantique and 150 kilometers from the port of Mohammedia. It is located close to the regional town of Khemisset and benefits from infrastructure including a network of toll roads and an electricity distribution grid and a supportive local government.