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
Dixon Technologies (India) Limited is an India-based electronic manufacturing services company. The Company operates through the Electronics Goods segment. The Company provides manufacturing and design-focused solutions in consumer durables, home appliances, lighting, mobile phones, security devices, set top boxes, wearables and medical equipment to customers across the globe, along with repairing and refurbishment services of LED TV panels. Its divisions include Consumer Electronics, Home Appliances, Lighting Solution, Mobile Phones, Security Surveillance System, Reverse Logistic, Medical Electronics, Set Top Box and IT Hardware. Consumer Electronics division provides end-to-end solutions to its customers, including auto insertion, backward integration into LED panel assembly with clean room, and others. Home Appliances division is engaged in designing, manufacturing and testing a range of washing machines. Lighting Solution division designs and manufactures LED lighting solutions.
DIXO - Dixon Technologies (India) Ltd
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