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
Dolfin Rubbers Limited is an India-based company. The Company is engaged in the business of manufacturing auto tubes & auto tyres. The Company manufactures butyl rubber tubes in all sizes. Its manufacturers a wide range of butyl rubber tubes, suitable for tyre of vehicle to motorcycle, two-wheeler, three-wheeler, cars, car radial, jeeps, heavy commercial vehicle such as buses, trucks, tractor, animal driven vehicles (ADV), space construction vehicle (SCV), power tiller, TR/FR Jeep, off the road (OTR) and flaps etc. The Company manufactures with its specially developed heat resistant compound, which gives almost twice as much air retention and can be used freely even on high-speed cars or heavy loaded trucks. It products are available in Bangladesh, Bhutan, Egypt, Nepal, Pakistan and Sri Lanka. The Company operates a manufacturing unit, which is situated at village Gaunspur, Punjab, India.
DOLN - Dolfin Rubbers Ltd
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