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
Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS (Link Bilgisayar) is a Turkey-based software development company. The Company is engaged in the development of integrated business applications software within the areas of accounting, production and commercial operational requirements. Its products include modules working integrated with each other that are developed to track sales, marketing, purchasing, inventory management, warehouse-store management, current accounts, finance, accounting, production, budget planning, human resources, and fixed assets operations. The Company distributes its software products to the final users in Turkey through three main distributor companies and provides sales, and after sales training and support services through a network of about 500 resellers and dealers. It works in partnership with Microsoft, Oracle and Computer Associates. It is a part of Link Holding A.S., which comprises companies active in the technology sector.
LINK - Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS
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