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
Reysas Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust, engaged in real estate investments, real estate-backed rights and capital instruments, as well as other capital market instruments within the regulatory framework set by the Capital Markets Board. The Company specialized in real estate investments and projects for the storage sector and offers long-term lease for companies in this sector. It has warehouses and land in Samandira, Hadimkoy, Orhanli, Cayirova, Bursa, Adana, Ankara and Eskisehir. The Company has a subsidiary, Ari Lojistik ve Insaat San. Ve Tic. A.S., engaged in the transportation sector. Reysas Gayrimenkul Yatirim Ortakligi AS is a subsidiary of Reysas Tasimacilik ve Lojistik AS.
RYGYO - Reysas Gayrimenkul Yatirim Ortakligi 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.