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
Traumhaus AG is a Germany-based company engaged in the real estate industry. It focuses on designing, projecting and constructing of standardized row houses and multi-family houses. It acquires and plans land of more than 3.000 square meters for at least 15 terraced houses. Its business activities include the acquisition of real estate, the development of the project and the construction of the building, and the development to the sale of the finished flats or houses. The Company serves customers in Germany.
TRUG - Traumhaus AG
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