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
EnviTec Biogas AG is a Germany-based biogas plant construction company. It provides planning, construction, installation, and repair and maintenance services for biogas plants. The Company operates through four segments: Own Plant Operation, Plant Construction, Energy and Service. The Own Plant Operation segment comprises activities related to the generation of electricity from biogas plants owned by the Company. The Plant Construction segment includes biogas plant planning and construction services to third parties. The Energy segment offers direct feeding of upgraded biomethane produced in the Company’s plants, as well as services related to the direct marketing of electricity produced in biogas plants. The Service segment provides services related to the operation of biogas plants, such as installation, controls and repair and maintenance.
ETGG - EnviTec Biogas AG
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