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
Gokul Agro Resources Limited is an India-based company, which is engaged in the business of manufacturing and trading of edible and non-edible oil, meals and other agro products. The Company offers agro-based commodities under various product groups, including soybean, palmolive, cotton seed oil, sunflower oil, castor oil, oil cakes, de-oiled cakes, vanaspati, oil seeds and other agro-commodities. Its products include edible and non-edible oils, and feed meal. Its castor oil derivatives include castor oil commercial grade, first pressed degummed grade, castor oil first special grade, castor oil pale pressed grade oil, pharmaceutical grade and castor oil extra pale grade, among others. Its product also includes Hydrogenated Castor Oil Flakes / Granules (Powder), 12-Hydroxy Stearic Acid Flakes / Granules (Powder), Methyl 12-Hydroxy Stearate Flakes and Poly Ricinoleic Acid, among others. Its feed meal includes Castor seed meal, Soybean meal and Rapeseed Meal (Mustard de-oiled cake).
GOKG - Gokul Agro Resources Ltd
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