Saray Matbaacilik Kagitcilik Kirtasiyecilik Ticaret ve Sanayi AS








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Note on Purification and Zakat

  • 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

Saray Matbaacilik Kagitcilik Kirtasiyecilik Ticaret ve Sanayi AS is a Turkey-based company, which is engaged in the commercial printing services sector. Its services include: Printing Preparation, such as the adjustment of film, colors and master forms; Pre-Printing, such as all activities that are necessary for preparing the printing of catalogues, flyers and brochures, among others; Printing Systems, such as sheet-fed offset, continuous form and web offset machines; After Printing, such as the process to decimate, sort and cap the products, as well as Paper Sheeting Services, such as making paper sheets from paper reels, and sizing from reel to reel. The Company’s products include: Exercise Books, such as stapled, spiral and glued type notebooks; Papers, such as wood free offset printing papers, coated papers, photocopy papers, book paper and paper sheeting services, as well as Calendars.