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
Yesil Yapi Endustrisi AS, formerly Borova Yapi Endustrisi AS, is a Turkey-based construction company that is active in domestic and overseas markets. The Company is primarily engaged in the industrial plants, villas, commercial business centers, hospitals, housing, educational buildings, hotels, restoration and renovation, shopping malls, cultural centers and other infrastructure projects. The Company’s activities range from preliminary design to final execution of construction projects. In addition to the projects in Turkey, the Company undertakes overseas projects in Azerbaijan, Georgia, Russia, Latvia, Bosnia, Libya and Saudi Arabia. The Company’s completed projects include Karabag Gas Compressor Station, Ventspils Ballast Treatment Plant, Cengelkoy Villas, Daily Sabah Warehouse and Printing Mills Building, Akdeniz University Organ Transplant Hospital, Tarhuna Farm Houses, Sisli Terraki High School, ISR Radisson Blue (SAS) Hotel and Transturk Holding Head Quarters, among others.
YYAPI - Yesil Yapi Endustrisi 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.