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
Shubarkol’ Komir AO is a Kazakhstan-based company that operates in the field of surface coal extraction and processing. It is also active in the extraction of construction stone. Shubarkol’ Komir AO has two wholly owned subsidiaries, Sary-Arka Spetskoks TOO and Asmare B.V. The Company operates through Shubarkol’sk mine, located in the Karaganda Region. As of January 1, 2012, the Company’s major shareholder was Evraziyskaya promyshlennaya kompaniya AO with a stake of 75%. As of April 17, 2012, Eurasian Natural Resources Corp PLC completed the acquisition of Shubarkol’ Komir AO.
SHUK - Shubarkol' komir AO
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