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
Mistral Gayrimenkul Yatirim Ortakligi AS is a Turkey-based Real Estate Investment Trust (REIT). The Company is engaged in a diverse portfolio of commercial, residential and specialized real estate investments. Mistral Gayrimenkul Yatirim Ortakligi AS’s portfolio includes the Mistral Izmir project, which is comprised of residences, a hotel, offices and a bazaar. The project has over 150 offices, over 100 housing units, over 90 hotel rooms, over 30 piece shops and a fitness center. The Company’s bazaar is made up of shops, restaurants, cafes, cinemas, a swimming pool, as well as fitness and spa areas. The Project’s social areas include a spa, fitness centers, sauna and steam rooms, pool, sun terraces and massage rooms, as well as a green roof, taking place on the podium between residences and office towers in Mistral Izmir, which is designed as a playground, pool and terrace.
MSGYO - Mistral Gayrimenkul Yatirim Ortakligi AS
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.