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
Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret AS is a Turkey-based company, which is involved in production of parts from steel, aluminum and other materials for the purpose of electricity generation from renewable energy sources (especially internal and external parts of wind turbine towers, parts of wind turbine generators and wind turbine parts transportation equipment, but not limited to these). The Company is also involved in production of industrial advertising works (especially illuminated and non-illuminated signs, billboards, totems and boards, sheet signs, sales units, fair stands, screen printing, posters and cloth posters).
SAYAS - Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret AS
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