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
Turk Tuborg Bira ve Malt Sanayii AS (Turk Tuborg) is a Turkey-based company engaged in the manufacture of beer, malt liquor and energy drinks. The Company manufactures its products under Carlsberg, Tuborg, Skol, Corona, Troy and Venus brand names. It offers five different Tuborg-branded products: Gold, Draught and Special. Bimpas Bira ve Mesrubat Pazarlama AS, the subsidiary of the Company, markets and distributes Turk Tuborg’s products domestically through its district sales branches and dealers across Turkey. Beer and malt are exported to 51 countries in Middle East, Europe, North and South America, and Africa. The Company has a production capacity of 36,000 tons of malt per year and 300 million liters of beer per year. The Company is a subsidiary of International Beer Breweries Ltd.
TBORG - Turk Tuborg Bira ve Malt Sanayii AS
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