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
GMR Airports Infrastructure Limited is an India-based company that operates integrated airport platforms with a portfolio of airport assets. The Company’s airports include Delhi International Airport, Hyderabad International Airport, Goa International Airport, Visakhapatnam International Airport, Bidar Airport, Mactan Cebu International Airport, Crete International Airport, and Kualanamu International Airport. The Company’s airports provide a range of services, such as baggage handling system with explosives detection technology for security; provides end-to-end e-boarding facility for domestic passengers; integrated passenger terminal building; cargo terminal and ancillary facilities for processing and storage, and others. The Company’s airports also offer other services, such as catering to domestic and international travel besides cargo.
GMRI - GMR Airports Infrastructure Ltd
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