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
Gentas Dekoratif Yuzeyler Sanayi ve Ticaret AS is a Turkey-based company, which is engaged in manufacturing interior and exterior decorative building materials, and commercial furniture. The Company focuses on the design, production, and marketing of various kinds of surface materials such as impregnated papers, wall and floor coverings, doors, tables, boards, building exterior coverings, kitchen countertops, school desks, chair seat-backs, and building profiles. Gentas Dekoratif manufactures fire-resistance, chemical resistance, UV resistance, antibacterial, and antistatic Continuously Pressured Laminate (CPL) and High-Pressure Decorative Laminates (HPL) products with TSE EN 438 certificate.
GENTS - Gentas Dekoratif Yuzeyler Sanayi ve Ticaret AS
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