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
DJ Mediaprint & Logistics Limited is an India-based company that provides integrated printing, logistics and courier solutions. The Company also provides bulk mailing, speed post, records management, manpower supply, return of post-management, bulk scanning, moving, newspaper print advertising services and other related services. Its services include printing solutions, variable data printing, continuous stationery printing, security printing, international courier services, and storage and record management services. The Company’s offerings in the security printing segment include university certificates, policy bonds, dividend warrants, identity cards and stock certificates. It also provides courier services through air, rail and road transportation. The Company serves customers in various sectors including banking, airlines, shipping, logistics, education, finance, lottery ticket, healthcare, insurance, manufacturing, retail, stockbroking, telecom and utilities.
DJME - DJ Mediaprint & Logistics Ltd
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