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
STS Group AG is a Germany-based holding company. The Company operates through subsidiaries, which are divided into four segments: Acoustic, which include the development and production of integrated acoustic and thermal systems; Plastics which is engaged in manufacturing of exterior body parts and interior modules for trucks, commercial vehicles and cars: China which includes all of the activities provided in China such as: supplying customers with plastic parts for the exterior cladding of vehicles and Materials which is engaged in development and production of semi-finished products, fiber molding compounds and developed fiber molding compounds.
SF3 - STS Group AG
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