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
Emirates Central Cooling Systems Corp is a joint venture company between Dubai Technology and Media Free Zone (TECOM) and Dubai Electricity and Water Authority (DEWA). The Company mainly provides district cooling services (DCS) to developments in Dubai and the surrounding regions.
EMPOWER - Emirates Central Cooling Systems Corporation PJSC
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