Closing

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Total Analysts

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Revenue Growth (Annual)

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* Note on Purification and Zakat

  • 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

Adishakti Loha and Ispat Limited is an India-based company, which is engaged in the business of trading in metals with its core focus on trading in iron and steel. The Company operates on a business to business (B2B) model and the procurement of goods is carried out on order basis. The Company serves corporate and other clients. The Company operates as an intermediary to its customers. The goods are supplied directly from supplier to its customer.