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
Kaplamin Ambalaj Sanayi ve Ticaret AS (Kaplamin Ambalaj) is a Turkey-based company engaged in the production and sale of paper packaging materials, cardboard boxes and corrugated boards for domestic and export markets. The Company’s products are used in the food and beverages, chemicals and pharmaceuticals, textile, ceramics, automotive, tobacco, household products and kitchen appliances sectors. Kaplamin Ambalaj operates sales offices throughout Turkey, including Bursa, Denizli, Eskisehir and Manisa. It is a part of the Cukurova Group.
KAPLM - Kaplamin Ambalaj Sanayi ve Ticaret AS
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.