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
Teles AG Informationstechnologien is a Germany-based provider of communication solutions for carriers and business customers. It offers mobile services and network migration services, as well as interconnect and cloud solutions for network operators. The Company’s product portfolio comprises softclients and mobile applications that allow users to be reachable via fixed line using computers, tables, mobile phones or office phones, among others. The Company also offers voice application servers and Softswitches for Internet Protocol (IP) networks. In addition to that, the Company provides project consulting services, including requirements analysis and analysis of existing infrastructure, as well as implementation and training services.
TLIK - TELES Informationstechnologien AG
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