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
Anzen India Energy Yield Plus Trust (the Trust) is an India-based infrastructure investment trust (InvIT). Its objective is to invest in a diversified portfolio of energy assets to provide long-term predictable yield and growth to investors. Its projects include Darbhanga-Motihari Transmission Company Limited (DMTCL), Bihar and NRSS XXXIB Transmission Limited (NBTL), Punjab and Haryana. Its DMTCL project consists of two gas-insulated substations (GIS) and 277 circuit kilometers (ckm) of Quad AAAC /Triple Snowbird Conductor 400kV Double Circuit Inter-State transmission lines. Its NBTL project consists of 578 ckm Twin Moose Double Circuit 400kV Inter-State transmission lines. The Trust’s investment manager is Edelweiss Real Assets Managers Limited (ERAML).
ANZE - Anzen India Energy Yield Plus Trust
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