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
BPL Limited is an India-based company, which is engaged in the business of manufacturing printed circuit boards (PCBs). The Company’s consumer electronic and home appliances products include television, lighting, refrigerator, air conditioner, fan, and kitchen appliances. The Company’s medical electronics include critical care and surgery, imaging, mother and childcare, consumables, home care, and cardiology. Its critical care and surgery include anesthesia workstation, ventilator, patient monitors, oxygen concentrators, infusion, and vaporizer. The Company’s imaging includes ultrasound, surgical imaging, diagnostic x-ray, and digital x-ray. Its mother and childcare include fetal monitors, maternal monitors, colposcope and fetal doppler. Its cardiology solutions include ECGs, holter systems, and defibrillators. Its home care products include blood pressure monitors, nebulizers, thermometers, and respiratory devices. The Company operates approximately 400 retail stores.
BPL - BPL Ltd
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