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
Container Corporation of India Limited (CONCOR) is a holding company. The Company is engaged in logistics and transportation services. The Company operates through two segments: EXIM and Domestic. Both EXIM and Domestic divisions of the Company are engaged in handling, transportation, and warehousing activities. The Company is also engaged in the operation of transportation of containers by rail, transportation of containers by road, handling of containers, operation of logistics facilities including dry ports, container freight stations, and private freight terminals or warehousing and storage. Its international services include air cargo movements, bonded warehousing, reefer and cold chain services, and factory stuffing/destuffing. Its domestic services include volume discount scheme, door delivery and pickups, and terminal handling charges. Its E-Filing software is a Web-based application for EXIM locations being operational at Terminal/Inland Container Depot of CONCOR.
CCRI - Container Corporation of India Ltd
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