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
Atameken-Agro AO (Atameken-Agro JSC), previously KazAgroTrade+ TOO, is a Kazakhstan-based company, which is mainly engaged in the production, procurement and sale of grain. The Company operates through six subsidiaries, including Atameken Agro Timiryazevo TOO, Atameken Agro Tselinnyi TOO, Atameken Agro Koroneevka TOO, Atameken Agro Shukyrkol’ TOO, Sagat SK TOO and Atameken AgroStroy TOO. As of April 1, 2012, the Company’s major shareholder was Nakopitel’nyi Pensionnyi Fond Ular Umit AO with a stake of 22.20%.
KATR - Atameken-Agro AO
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