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
Fonet Bilgi Teknolojileri AS is a Turkey-based company, which develops software for the healthcare sector. Its products include: FONET Software Hospital Information Management Systems (HIMS), which provides integration of required administrative, medical and financial information of public hospitals and private health institutions; FONET Laboratory Information Systems (LIS), a system management software produced in the standards of Ministry of Health which can run with integration of different systems; FONET PACS software, which allows the extraction of medical images from devices and provides access to these images through Web or from computers; FONET Hospital To Hospital (H2H), an integration system among hospitals, which provide to follow-up the online service procurement processes among hospitals and provides patient and financial information sharing in projected measures; FONET Operational Business Intelligence (OPIZ), as well as FONET Appointment Systems (AS) Features.
FONET - Fonet Bilgi Teknolojileri AS
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