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
Idealist Gayrimenkul Yatirim Ortakligi AS is a Turkey-based company engaged in real estate investments and portfolio management. The Company is additionally involved in real estate and project development, and in the sale, rental and leasing of residential buildings. The development projects include house and apartment complexes in Istanbul.
IDGYO - Idealist Gayrimenkul Yatirim Ortakligi AS
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