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
Aegis Logistics Limited is an integrated oil, gas and chemical logistics company. The Company is engaged in the business of importing and distributing liquified petroleum gas (LPG) and storage and terminalling facility for LPG and chemical products. Its segments include Liquid Terminal Division and Gas Terminal Division. The Liquid Terminal Division undertakes storage & terminalling facility of Oil & Chemical products. The Gas Terminal Division relates to imports, storage & distribution of petroleum products through LPG, Propane. It markets LPG packed in cylinders, which are used for domestic, commercial and industrial applications. It is engaged in the sale of LPG, wholesale of solid, liquid, and gaseous fuels and related products, and storage and warehousing of products, such as general merchandise warehouses and warehousing of furniture, automobiles, gas, and oil, chemicals and textiles. It has storage facilities in Mumbai, Haldia, Kandla, Pipavav, and Mangalore.
AEGS - Aegis Logistics Ltd
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