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
Rollatainers Limited is an India-based company that operates as an integrated packaging solution with business encompassing research, manufacturing and marketing lined and mono cartons, and packaging machines. The Company operates through the Packaging Products segment. It also operates as a Food business segment through retail chains. The Company produces a range of cartons with an installed capacity of approximately five million units per annum. It manufactures a range of machineries, which include multi head stick pack machine; lined carton machine; vertical single track and twin track form fill and seal machine; automatic flow-wrap machine, and horizontal small sachet machine, among others. It also has installed over 1,000 packaging machines globally. It manufactured and installed over 500 packaging Machines in India and abroad. The Company with its state-of-the-art infrastructure and manufacturing facilities produces a range of laminates and packaging mate.
RLTN - Rollatainers Ltd
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