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
Asian Hotels (West) Limited is an India-based company, which is engaged in hotel business. The Company is involved in restaurants, accommodation, and related services. It caters to both international and domestic travelers. The Company’s properties include Visit Hotel Hyatt Regency, Mumbai and Visit JW Marriott Hotel at New Delhi Aero city. The Company’s properties offers rooms, such as deluxe guest room, premier room, and executive club. It offers various services, such as restaurant, spa, fitness center, outdoor pool, 24 hour room service, daily housekeeping, turndown service, meeting space, convenience store, gift shop, dry cleaning service, laundry, hair salon, kitchen, room service, wake up calls, kitchenette, and service request. The Company’s subsidiary is Aria Hotels and Consultancy Services Pvt. Ltd, which has developed a five-star deluxe hotel consisting of 523 rooms under the brand JW Marriott at Delhi Aerocity. It has a commercial block of approximately 132940 square feet.
ASHW - Asian Hotels (West) Ltd
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