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
EP&T Global Limited is engaged in building energy management solutions that reduce energy and water wastage across an array of commercial real estate. The Company extracts, analyses and reports Internet of things (IoT) data to reduce building energy use. Its EDGE Intelligent System identifies opportunities to reduce energy, water, and waste consumption within buildings. EDGE collects, processes, analyses, visualizes and interprets billions of sets of data per year to optimize the environmental performance of buildings. Its EDGE platform provides water monitoring solutions to find the causes of water wastage. EDGE’s Fault Diagnostic Detection feature uses live analysis of the BMS points at a site to identify equipment faults in the building. EDGE algorithms predict the real-life expectancy of a mechanical plant. It provides data-enabled technology to a portfolio of building assets in approximately 20 countries throughout Asia, Australia, Europe, Africa, Middle East and North America.
EPX - EP&T Global Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.