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
Seyitler Kimya Sanayi AS, located in Izmir, Turkey, manufactures and wholesales medical supplies. Its products include medical plaster, first aid plaster and capsicum perforated rheumatism plaster. The company was founded in 1991.
SEYKM - Seyitler Kimya Sanayi AS
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