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
Selcuk Gida Endustri Ihracat Ithalat AS is a Turkey-based company active in the food industry sector. The Company is engaged in the processing, packaging, importing and exporting of dried fruit, mainly figs, grapes, apricots, raisins, sour cherries, chestnuts and hazelnuts. It markets its products under the brand name of Eagle, as well as under private labels of its clients. It co-operates with such supermarkets and discount chains, as Asda, Carrefour, Coop Suisse and Lidl. The Company exports its products in bulk, foodservice and in retail packages to more than 30 countries, including the United States, Canada, Germany, France, Spain, Italy, the United Kingdom, Switzerland, Belgium, the Netherlands, South Korea, Japan, Greece, Argentina, Israel, China, Denmark and Norway, among others.
SELGD - Selcuk Gida Endustri Ihracat Ithalat AS
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