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
Ordina NV is provider of information and communications technology (ICT) solutions based in the Netherlands. The Company offers information technology (IT) solutions, with focus on big data, cloud computing, ICT talent development, mobile, social media, security, smart sourcing and unified communications and collaboration. Its operations are divided into four segments: Technology and Competences, Business Consulting and Solutions, Application Management and Belgium/Luxembourg. The Company serves various industries, including the financial sector, the public sector, with focus on lowering administrative burdens and safety concerns, the industrial sector, with focus on trade, transport and telecommunication, as well as the healthcare sector. The Company operates several several regional offices in the Netherlands, Belgium and Luxembourg.
ORDN - Ordina NV
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