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
Zhayremskiy GOK AO is a Kazakhstan-based company engaged in the integrated mining industry. The Company specializes in the extraction of iron-manganese and barite-polymetallic ores, as well as production of manganese and ferromanganese concentrates and barite raw materials. In addition, it is active in the field of crushed stone production, geological exploration, as well as design and commissioning of the mining industry.
JGOK - Zhayremskiy GOK AO
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