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
Graft Polymer (UK) Plc is a United Kingdom-based company with a business focused on the development and commercial production of polymer modification, biological supplements, and nano-drug delivery systems. The Company offers bespoke, adapted, and tailored products for customer requests. Its products pipeline includes GRAFTABOND, GRAFTAPOR, GRAFTALEN, GRAFTAKIT, GRAFTALLOY, GRAFTAMID, GRAFTASYNT and GRAFTAMER. GRAFTABOND product is a graft / block copolymers (adhesion promotors) for combining various polymers (with fiberglass, carbon fiber, mineral and natural fillers, mixed polymer waste. The GRAFTAPOR product is a porous polymer carriers for many liquid chemicals. Its GRAFTALEN is a reactive solid super concentrates for polyolefin rheology modification, e-modulus enhancer, polybutylene terephthalate chain extender, AOX masterbatch. GRAFTAKIT is a reactive liquid or solid super concentrates on polymeric porous media for carrying out reaction extrusion and modification of compounds.
GPL - Graft Polymer (UK) Plc
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