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
Jenoptik AG is a Germany-based holding company engaged in Optical technologies. The Company’s two photonic based divisions are Advanced Photonic Solutions and Smart Mobility Solutions. The Advanced Photonic Solutions division provides technology solutions in the fields of optics, laser technology, digital imaging, optoelectronics, machine and equipment manufacturers in the semiconductor, laser material processing, life science and biophotonics, industrial automation, automotive and security industries, sensors, as-well-as optical test and measurement equipment. The Smart Mobility Solutions division provides photonics-based sustainable solutions, including technology and services for road safety, public security and road user charging. The Company’s Non-photonic activities, particularly for the automotive market, are supplying of products, automation solutions and services for industrial customers (B2B).
JENGn - Jenoptik AG
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