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
Pulz Electronics Limited is an India-based company, which develops and manufactures audio systems and solutions and offers line array-based speaker systems for the cinema, pro-audio, studio and home audio industries. The Company is engaged in operating various technologies, namely Line Source, IsoWave, WaveDrive, AeorWave, Point Source, UL, and DPT. The Company’s products include Cineline, Proline, Studio Line and Home Audio. Cineline offers various products ranging from co-axial design to audiovisual translation (AVT) technology. These products are designed to provide the perfect solution for different auditorium shapes and sizes. Under Proline, it offers speakers, amplifiers, microphones and signal processing systems. Studioline offers film mixing studios and screening rooms. Home Audio comprises active subwoofer, speakers, amplifiers, and signal processing systems.
PULZ - Pulz Electronics Ltd
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