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
JSW Energy Limited is an India-based power company engaged in the business of power generation through thermal and renewables. Its segments include Thermal, which comprises generation of power from coal and other thermal sources (lignite, gas and oil) from plants owned and related ancillary services; and Renewables, which comprises generation of power from renewable energy sources through hydro, wind, solar and related ancillary services. Its plants include Baspa, Karcham Wangtoo, Barmer, Vijaynagar and Ratnagiri. Baspa Plant is in the higher reaches of the Himalayas and has a generating capacity of approximately 300 megawatts (MW). The Karcham Wangtoo plant is located on the river Satluj in Kinnaur District of Himachal Pradesh and has a generating capacity of approximately 1091 MW. Barmer Plant is located close to its fuel source, the lignite mines in Kapurdi and Jalipa. The Vijayanagar plant is located in Karnataka, this plant consists of two separate business units, BU I and SBU I.
JSWE - JSW Energy Ltd
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