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
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret Anonim Sirketi, previously Tekstil Finansal Kiralama Anonim Sirketi, is a Turkey-based company and a subsidiary of GSD Holding A.S. The Company is active in the international maritime transport field and invests in dry cargo ships. The Company currently manages a fleet of 6 vessels.
GSDDE - GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
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