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
Haulotte Group SA is a France-based company engaged in the manufacture of lifting and earth moving equipment. It operates through three business divisions: manufacture and sale of lifting equipment, rental of lifting equipment and providing services such as financing, spare parts, repairs, training and technical assistance. The Company offers two main product categories: People lifting equipment, such as telescopic, scissors, articulating, masts, push around, trailers and truck-mounted booms; and Material lifting equipment and earth moving, such as backhoe loaders and telehandlers. Haulotte Group has six production plants: three in France, one in Romania, one in China and one in United States. It operates through subsidiaries, including Haulotte France Sarl and Telescopelle SAS, among others. It is present in over 100 countries worldwide.
PYHE - Haulotte Group SA
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