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
Hitit Bilgisayar Hizmetleri AS is a Turkey-based IT company. The main field of activity of the entity is developing software solutions for airlines, travel companies and airports, providing them as a service, operating service and sales. Hitit Bilgisayar offers software services in the fields of passenger services, operational solutions, travel solutions, virtual merchandising, air cargo and accounting solutions. The company offers solutions for the sale of tickets, hotels, car rentals, airport transfers, insurance and other non-ticket travel products and additional services through its subsidiary, Hitit SAAS Turizm Servisleri. The company has 250 personnel and serves airline and travel companies in 38 countries on 5 continents.
HTTBT - Hitit Bilgisayar Hizmetleri AS
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