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
Stef SA, formerly known as STEF-TFE SA, is a France-based company primarily engaged in the transportation of refrigerated and frozen goods. The Company has three divisions: Transport unit, responsible for transportation of fresh and frozen products and seafood; Logistics unit, responsible for logistics of fresh and frozen goods for manufacturers, mass retailers, food service outlets and catering and IT Systems unit, which is responsible for STEF software and on customer-oriented software. STEF SA operates through subsidiaries, including STEF-TFE Transport, STEF-TFE International, Agrostar, among others. The Company is present in France, Italy, Switzerland, Spain, Portugal and Benelux, among others. It operates through Speksnijder Transport BV, Vers-Express Koel-Vries Logistiek BV and Transports Badosa, among others.
STF - Stef SA
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.