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
KRTD Zangar AO (Kazakhskiy respublikanskiy torgovyi dom ZANGAR AO) is a Kazakhstan-based company involved in the lease of commercial area to individual and legal entities engaged in the wholesale and retail distribution of their goods. The Company operates trade center Zangar, located in Almaty. As of April 1, 2012, the Company’s major shareholder was profit Invest TOO with a stake of 91.69%. In December 2012, the Company acquired a 45.95% stake in Profit Invest AO.
ZNGR - KRTD Zangar AO
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