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
TGS Dis Ticaret AS is a Turkey-based company that provides import and export services. The Company facilitates the transfer of goods and services across international boundaries. TGS Dis Ticaret A.S. serves industrial and commercial customers throughout the world.
TGSAS - TGS Dis Ticaret AS
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