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
Yara International ASA is a Norway-based international company that produces, distributes, and sells nitrogen-based mineral fertilizers and related industrial products. The Company operates through six segments: Europe, Americas, Africa & Asia, Global Plants & Operational Excellence, Industrial Solutions, and Clean Ammonia. Yara Internationals products offering includes YaraVita GRAMITREL, a multi-nutrient product for a balanced supply of nutrients to grains, YaraBela OPTI-NS 27-0-0, an ammonium nitrate with calcium, magnesium and sulfur as well as YaraTera KRISTALON PURPLE, that is suitable for potted plants in need of relatively low pondus Hydrogenii (pH). The Company has 11 subsidiaries including Yara International Employment Co AG, Yara North America Inc, Yara Clean Ammonia AS and Fertilizer Holdings AS.
YAR - Yara International ASA
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