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
Bella Casa Fashion & Retail Limited is an India-based company, which is engaged in the manufacturing of home furnishings/homemade-ups, women’s ethnic wear and men’s ethnic wear. The Company sells its products through multiple channels including wholesale, retail, online and other. The Company is engaged in production and retail of apparels and home furnishing products have integrated working. The Company’s brands include Bella Casa, Nayak, Chanderi and Indigo. Bella Casa is engaged in manufacturing bedding textiles. Bella Casa’s products include bed sheets, comforters, dohars. It is engaged in manufacturing man’s ethnic wear under Nayak brand. Nayak brand offers a range of outfits for casual wear and occasion wear. The Company manufactures women’s ethnic and fusion wears under Indigo brand. Indigo offers prints and embroideries women’s wear. The Company uses computer-assisted design techniques for manufacturing its products.
BCFR - Bella Casa Fashion & Retail Ltd
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