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
Opto Circuits (India) Limited is an India-based global medical devices and technology company. The Company and its subsidiaries are engaged in the design, development, manufacture, marketing and distribution of a range of medical products that are used by primary, secondary and tertiary healthcare establishments, as well as in public access facilities, such as fire stations and policy offices in over 150 countries. It specializes in vital signs monitoring, emergency cardiac care, vascular treatments and sensing technologies. Its interventional products include stents, balloons and arteriovenous shunts used for the treatment of coronary and peripheral arterial diseases, as well as catheters and implants. Its products include automated patient monitoring devices and services, vital signs monitors, pulse oximeters, and peripheral artery disease diagnostic equipment. It also sells a range of related products and consumables and offers a portfolio of related training and support services.
OPTO - Opto Circuits (India) Ltd
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