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
Lectra SA is a France-based company that is active mainly in the provision of technology solutions. It offers integrated technology solutions, such as software and associated services, spare parts and consumables, trainings and consulting services, which are designed for industries using textiles, leather, industrial fabrics, or composites to manufacture their products. It serves markets such as fashion, automotive and furniture, as well as a broad array of other industries, including aeronautics, marine, wind turbine, and personal protective equipment. Lectra SA develops its offer in more than 100 countries. It is active in Europe, Asia-Pacific region, Americas, China, and Australia, among others. The Company operates through its numerous subsidiaries, which include Lectra Systems Pty Ltd, and Lectra USA Inc., Lectra South Korea and Kubix Lab.
LECS - Lectra SA
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.