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
Kompaniya po Strakhovaniyu Zhizni Standard Life AO is a Kazakhstan-based company, which is engaged in the provision of insurance services. The Company’s activities are divided into two segments. Individual insurance includes payment of pension, life insurance and borrower insurance. Corporate insurance segment offers borrower insurance and insurance of employee from accidents during execution of labor duties. The Company serves its clients through network that is located across Kazakhstan.
SKSL - Kompaniya po Strakhovaniyu Zhizni Standard Life AO
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