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
Naturelgaz Sanayi ve Ticaret AS is a Turkey-based gas transportation and distribution company. The company’s core business is the purchase, compression and delivery of natural gas for compressed natural gas (CNG) and liquefied natural gas (LNG) in the transported natural gas sector. The transported cng and lng services provided by the entity are used to meet the natural gas supply in regions where the pipeline does not reach or it is not economically viable to reach. Naturelgaz has 4 main business lines: Bulk (Industrial) CNG and LNG, City Gas, Auto CNG and Well CNG. The company provides service with 12 Industrial CNG filling facilities, 9 Auto CNG stations and 6 LNG tanker capacity for LNG products.
NTGAZ - Naturelgaz Sanayi ve Ticaret AS
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