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
Tukas Gida Sanayi ve Ticaret AS (Tukas) is a Turkey-based food manufacturer. Its production portfolio incorporates a product range comprising more than 100 products, such as tomato and pepper paste, canned vegetables, jam, honey, pickled vegetables, sauces, powdered products and desserts and instant powdered drinks. It also produces frozen fruits and vegetables, such as strawberries, pepper, apricot and blackberries. The Company has two manufacturing plants based in Torbali and Manyas. The Company’s regional offices and branches are located in the Turkish cities of Istanbul, Ankara, Izmir, Bursa and Adana. The Company also exports its products to the European Union countries, the United States, Australia, Japan, as well as to the African and Middle East countries, among others.
TUKAS - Tukas Gida Sanayi ve Ticaret AS
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.