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
Koninklijke Vopak NV is a Netherlands-based independent tank storage company. The Company provides storage and handling services to two principal end markets energy and manufacturing. Its terminals supply vital products to people and communities around the world. It has four terminal types: gas, industrial, chemicals and oil. Some of the terminal store and handle energies and feedstocks. The Company stores and handles a variety of liquid and gas products. These include chemicals (methanol, xylenes, styrene, alpha olefins, mono-ethylene glycol (MEG)), gas (LNG (liquefied natural gas), LPG (liquefied petroleum gas), ethylene, butadiene, ammonia), oil products (crude oil, fuel oil, diesel, jet fuel, gasoline, naphtha), vegoils and biofuels (ethanol, biodiesel, sustainable aviation fuel).
VOPA - Koninklijke Vopak NV
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