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
Ozerden Plastik Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of packaging products. Its products include: Metal Packaging Products, such as KAP (Reinforced Kraft PE) and KP (Kraft PE); In-Box Packaging Systems, such as FP and ranpak; Isolation Products, such as bizofol and radiant barrier; Protective Packaging Products, such as bobble mailer and airbed, as well as container cushioning such as bubble film offering an economic and heavy duty line, antistatic products, adhesive bubble and other special applications, PE foam in rolls, profiles and custom designed, foam as well as void filler, and bag, such as bobble, antistatic and locked bubble bags as well as special bags. Complementary Products, such as stretch film, box tape, printed box tape, masking tape, aluminum tape and reinforced PE film, protective film, corrugated cardboard, invoice pockets, wrapping rope and stap, as well as Food Packaging, such as chocolate pad and cold chain products.
OZRDN - Ozerden Plastik Sanayi ve Ticaret AS
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