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
Churchill China plc is a United Kingdom-based company, which is engaged in the manufacturing of ceramic products to hospitality and household industry. The Company operates through two segments: Ceramics and Materials. The Ceramics segments include sale of ceramic tableware and complementary items. The Company’s Materials segment includes sale of materials for the production of ceramics to the tableware industry. The Company designs and manufactures an engineered performance product. The Company’s products include plates, bowls, trays and boards, stands and risers, cookware, cups, saucers, jugs, chip mugs, dip pots and sauce dishes, accessories, lids, glassware, cutlery, utensils, counter serving ware, and beverage pots. Its customers include pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers.
CHCH - Churchill China PLC
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