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
D.K. Enterprises Global Limited is an India-based manufacturer of packaging material. The Company is involved in the business of manufacturing of all types of primary and secondary packaging materials, including self-adhesive tapes, such as biaxially oriented polypropylene (BOPP), banding, masking and other specialty tapes, extrusion Imagination, and other laminated products for the soaps and food industry and corrugated rolls and boxes for sale in domestic, as well as foreign markets. Its products include paper-based packaging materials, including printed corrugated sleeve rolls, printed corrugated boxes, printed die cut boxes, and duplex board sleeves and cartons; self-adhesive tapes, including easy release/soap banding tapes, promotional, shelf strip tapes, clear BOPP tapes, printed BOPP tapes and advertising tapes; and laminated products, including dry lamination products, extrusion lamination coated/sandwich products and soap wrappers with registered hot melt coating.
DKEN - DK Enterprises Global Ltd
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