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
Kiler Holding AS is a Turkey-based holding company, which is active in various sectors, including construction, energy, transportation, retail, food, tourism, and health. The Holding’s construction arm consists of two main companies; Kiler GYO AS which plans, develops, and realizes the construction projects, and Biskon Yapi AS, which manages the construction of these projects. Kiler Holding’s energy arm consists of five companies, Dogu Aras AS, Aras Edas, Aras Epsas, Nuve Elecktrik, and Klr Elektrik which are involved in electric power generation, distribution, electricity wholesale, and retail. Through its subsidiaries Turex AS, Kutahya Seker AS, and Kiler Tekstil, it is active in the tourism, food, and textile sectors.
KLRHO - Kiler Holding AS
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