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
Eminis Ambalaj Sanayi ve Ticaret AS is a Turkey-based metal and plastic packaging company. The Company manufactures metal and plastic containers for the paint, chemical and food industries. It offers product within two categories: Plastic packaging and Metal packaging. Within the Plastic packaging category it offers thin-walled circular and rectangular containers, and industrial containers. The Metal packaging category offers circular, conical and rectangular containers. The Company’s products are used for the packaging of paints, glues, lube oil, chemicals, ice cream, yoghurt, cheese, frozen food, honey, jam, olives, hazelnut cocoa butter, candies, spices, powder drinks, and hair gel and other cosmetic products. The Company’s customers include Bahcivan, Yogurt, Betek, Danone, Delta, Koska, Panda, Maxit, Standox, Yorsan, Polaron and BP, among others.
EMNIS - Eminis Ambalaj Sanayi ve Ticaret AS
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