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
Transnatsional’naya kompaniya Kazkhrom AO (TNK Kazkhrom AO) is a Kazakhstan-based company that is principally engaged in the mining and processing of ores. The Company is also involved in the production of ferrous metals. In addition, the Company manufactures and sells chrome ore, modifiers, alloys and bricks. The Company is headquartered in Aktobe, Kazakhstan.
KZCR - TNK Kazkhrom AO
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