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
Green Plains Inc. is a biorefining company. The Company is focused on the development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. Its Ethanol production segment includes the production of ethanol, distillers grains, protein and renewable corn oil at eleven ethanol plants in Illinois, Indiana, Iowa, Minnesota, Nebraska and Tennessee. The Agribusiness and Energy Services segment includes grain procurement, with approximately 25.3 million bushels of grain storage capacity, and its commodity marketing business, which markets, sells and distributes the ethanol, distillers grains, protein and renewable corn oil produced at its ethanol plants. Its Partnership segment provides fuel storage and transportation services through owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.
GPRE - Green Plains Inc
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