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
Siemens Limited is a technology company. Its segments include Digital Industries, Smart Infrastructure, Mobility, Energy businesses, and others. Digital Industries segment contains a portfolio of automation, drives and software technologies covering the complete life cycle from product design and production execution to services for discrete and process Industries. Smart Infrastructure segment is a supplier of products, systems, solutions and services for transmission and distribution of electrical energy for power utilities and industrial companies. Mobility segment is a supplier of solutions for passenger and freight transportation, including rail vehicles, and rail automation systems. Energy segment provides integrated products, solutions, and services across the energy value chain of oil and gas production, power generation and transmission. The Company’s electrical division is engaged in design, engineering, and manufacturing of a range of alternative current (AC) chargers.
SIEM - Siemens Ltd
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