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
Klimasan Klima Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture and marketing of industrial-type coolers and freezers. The Company’s main products are soft beverage and beer coolers, ice cream and frozen food conservators, deep freezers and wine coolers. Its product portfolio comprises single and double-door coolers, horizontal and open-front coolers, and conservators in aluminum and plastic frames, among others. Additionally, the Company offers after-sales services. Its products are marketed in 80 countries, mainly in Europe and the Middle East region. Its customers include Haagen-Dazs, Heineken, Pepsi, Coca Cola, Danone, Nestle, Unilever, Master Foods, Carlsberg and General Mills, among others.
KLMSN - Klimasan Klima Sanayi ve Ticaret AS
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