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
Rainbow Polikarbonat Sanayi Ticaret AS, formerly known as Sumer Plastik Ambalaj Sanayi Ticaret ve Pazarlama Ltd Sti, is a Turkey-based company, which is engaged in the manufacturing of polycarbonate and polypropylene products. The Company’s main activity is producing and wholesaling plastic panels and profiles, such as polycarbonate roof panels, polycarbonate H-shaped profiles, polycarbonate U-shaped profiles, perforated polycarbonate panels, and roof panels with UV protection. Rainbow Polikarbonat’s products are mainly used for outdoor coverings, such as greenhouses, bus stops, roofs, fences, and gates. The Company operates its production facilities under the ISO 9001, ISO 14001, and ISO 45001 certificates.
RNPOL - Rainbow Polikarbonat Sanayi Ticaret AS
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.