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
European Energy Exchange AG is a Germany-based energy trading platform. On the platform contracts for power, coal and emission allowances, as well as freight and agricultural products are traded or registered for clearing. Various products can be traded on the platform: The power spot market for Germany, France, Austria, Switzerland, Belgium, the Netherlands and the United Kingdom is operated by EPEX SPOT; the natural gas spot and derivatives markets are operated by Power next under the PEGAS brand; on the spot and derivatives markets of the Company trading participants can trade in EU Emission Allowances (EUA), EU Aviation Allowances (EUAA), as well as Certified Emission Reductions (CER), and on the dairy market financially settled futures on butter, skimmed milk powder and whey powder can be traded.
T3PA - European Energy Exchange AG
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