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
Euro Panel Products Limited is an India-based company, which is engaged in manufacturing and supplying of Aluminum Composite Panels (ACP) globally. The Company provides products, such as solid finish aluminum composite panel sheet, metallic finish aluminum composite panel, wood finish aluminum composite panel sheet, sparkle finish aluminum composite panel, high gloss finish aluminum composite panel sheet, matte clay series, marble finish aluminum composite panel, stone series, midas touch series, sand series aluminum composite panel, fine textures series, mirror finish aluminum composite panel, brush finish aluminum composite panel, aluminum composite panel, aluminum composite panel, ACP sheet, aluminum honeycomb panel, ACP sign board, fire retardant ACP, ACP panel ceiling projec, and euramax series. The Company’s product range includes a range of approximately 119 grass green aluminum composite panels.
EURP - Euro Panel Products Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.