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
Noida Toll Bridge Company Limited is an India-based company. The Company is engaged in the development, establishment, construction, operating and maintaining a project relating to the construction of the Delhi Noida Toll Bridge under the Build-Own-Operate-Transfer (BOOT) basis. The Delhi Noida Toll Bridge comprises the Delhi Noida Toll Bridge, adjoining roads and other related facilities, MayurVihar Link Road, and the Ashram flyover, which has been constructed at the landfall of the Delhi Noida Toll Bridge. The Company’s project, the Delhi Noida Bridge (DND Flyway) is an approximately eight-lane, 7.5 kilometers (km) tolled facility across the Yamuna River, connecting Noida to South Delhi with a four-lane, A 1.7 km link connecting the DND Flyway to Mayur Vihar. The Company’s subsidiary is ITNL Toll Management Services Limited.
NOID - Noida Toll Bridge Company Ltd
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