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
Easy Trip Planners Limited is an India-based online travel platform. The Company is engaged in the business of providing reservation and booking services related to travel and tourism through ease my trip-portal, ease my trip app or in-house call-center. Its segments include Air Passage, Hotel Packages and Other services. Its Air Passage segment offers an Internet and mobile-based platform and call-centers that provide the facility to book and service international and domestic air tickets to consumers through business-to-customers (B2C) and business-to-business-customers (B2B2C) channels. Its Hotel Packages segment provides holiday packages and hotel reservations through call-centers and branch offices. Its Other services include booking of rail tickets, bus tickets, taxi rentals and ancillary value-added services, such as travel insurance, visa processing and tickets for activities and attractions. Its subsidiaries include Easemytrip Middleeast DMCC, Easemytrip UK Ltd and others.
EASM - Easy Trip Planners Ltd
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