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
Kaya Limited is an India-based company, which operates a chain of skin, hair and body care clinics in India and the Middle East. The Company offers specialty products and services, which are developed by its dermatologists. It provides a range of skin and hair care products and services, such as remedying acne, pigmentation, dull skin concerns, overall skin health, hair concerns and other everyday skin and hair needs. The Company offers approximately 80+ products, including acne, brightening, everyday essentials, anti-ageing, derma naturals, body care, hair care and beauty facials. Its skin- and hair-based services include Oxygeneo Medifacial, Skin and Eye Threads, Profhilo Fillers, Restylane Lyft, Restylane Kysse, High-intensity focused ultrasound, and Hair threads. Its Body care portfolio includes CoolSculpting Technology, Enzymatic Resurfacing, Venus Legacy and Happy Intim intimate rejuvenation. Its skin care portfolio includes IV Boost, DNA Repair Therapy and Skin Boosters Jalupro.
KAYA - Kaya Ltd
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