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
Campus Activewear Limited is an India-based sports and athleisure footwear company. The Company is primarily engaged in the business of manufacturing and trading sports and athleisure footwear and accessories through its retail and wholesale networks. The Company’s brand includes CAMPUS. The Company offers a diverse product portfolio for the entire family. It offers a range of style, color, size and functionality options for men, women, kids, and children. It has over 2,100 active styles of footwear for men, women, kids and children. The style of its footwear is categorized into open footwear and closed footwear categories. Open footwear includes sandals and slippers. Closed footwear refers to footwear such as shoes and boots. It owns and operates five manufacturing facilities across India. The Company has two channels of distribution, namely, trade distribution, and direct-to-consumer.
CAMU - Campus Activewear Ltd
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