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
Archidply Decor Ltd is an India-based company. The Company is a provider of decorative and lifestyle interior design products. It is involved in the business of manufacturing and trading of wood-based products, such as decorative laminates, decorative veneers, plywood and block board, and prelaminated particle board. The Company procures raw material and trading goods locally as well as imports them. Its goods are sold both in domestic and overseas markets. Its products include Gurjan Based Plywood, The Decorative Veneer Collection, Pre-laminated Particle Board, Decorative Veneered Doors, PUREPLY, Bon Vivant Coating Services, Bon Vivant Decorative Lumber, Bon Vivant Solid Wood Flooring, Bon Vivant Tabletops, and Veneered Wallpanel.
ARCP - Archidply Decor Ltd
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