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
Clean Science and Technology Limited is an India-based fine and specialty chemical manufacturing company. The Company is engaged in the business of manufacturing organic and inorganic chemicals. It operates through the Speciality Chemicals segment. Its specialty chemical chemistry is diversified into three segments, such as FMCG Chemical, Performance Chemicals, and Pharmaceutical Chemicals. Its FMCG chemicals include Anisole, 4-Methoxy Acetophenone, Guaiacol, Butylated Hydroxy Anisole, Tertiary Butyl Hydroquinone, Ortho Methoxy Toluene, and L-Ascorbyl Palmitate, among others. Its performance chemicals include Clean Light Stab 770, 4-Hydroxy Tempo, Monomethyl Ether of Hydroquinone, 2,5-Di-Tertiary Butyl Hydroquinone, Tertiary Butyl Hydroquinone, Dimethyl Sebacate (DMS), and others. Its pharma and agro intermediates include Para Benzoquinone, Para Di-Methoxy Benzene (1,4-DMB), Ortho Methoxy Toluene, and others. The Company caters to both domestic and international markets.
CLEA - Clean Science and Technology Ltd
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.