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
Fluence Corporation Limited provides decentralized and smart water and wastewater treatment solutions. The Company’s segments include Operating Units (OUs) and Product and Innovation Group (P&I). The Company’s products and technologies under water category include Decentralized Water Treatment, NIROFLEX Desalination Building Blocks, NIROBOX Smart Packaged Plants, Reverse Osmosis, and Ultrafiltration. Its products and technologies under wastewater category include Decentralized Wastewater Treatment, Dissolved Air Flotation, MABR Wastewater Treatment, Nitro Shortcut Nitrogen Removal, SUBRE Wastewater Treatment, Smart Packaged Aspiral, Smart Packaged EcoBox, Tipton Series Extended Aeration WWTPs. Its aeration equipment includes TORNADO, HURRICANE, BREEZE, LumenAER, AuraAER, and all other aeration equipment. Its services include after sale support, project financing, smart operations, and water management. The Company serves municipal, commercial, and industrial markets.
FLC - Fluence Corporation Ltd
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