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
Penta Teknoloji Urunleri Dagitim Ticaret AS is a Turkey-based technology distributor company. It distributes Information Technology (IT) and electronics products. The Company product categories include: Urnl network. Converter, Urnl network. Power line, Networking – Antennas, Networking – AP / Router, Networking – Bluetooth, Networking – Other, Networking – Firewall, Networking – Firewall Software, Networking – IP, DSLAM, Network Products – Cabinets, Network Products – Cables, Networking – Wireless, Networking – Cards, Networking – KVM Switch, Networking – Modems, Networking – Print Server, Networking – Professional EP, Networking – Switches, Networking – VoIP, Network products – xDSL and Personal Accessories, among others.
PENTA - Penta Teknoloji Urunleri Dagitim Ticaret AS
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