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
Punjab Chemicals and Crop Protection Limited is an India-based company engaged in the business of manufacturing of agrochemicals, specialty chemicals and bulk drugs and its intermediates. It operates through the Performance Chemicals segment. Its business units include Agro and Basic Chemicals-Derabassi, Speciality and Other Chemicals-Lalru, Industrial Chemicals-Pune, and International Trading-Mumbai. Its products include agrochemicals, pharma active pharmaceutical ingredients (APIs), pharma intermediates, fine chemicals and specialty chemicals, basic chemicals and industrial chemicals, and phosphorus derivatives and phosphates. It produces a range of products mainly dedicated to the field of crop protection. It produces a range of derivatives from gallic acid. It sources and imports chemicals from manufacturers around the world to cater to the requirements of the domestic market. Its services include research and development facilities, pilot plant facilities, and others.
PCHM - Punjab Chemicals and Crop Protection Ltd
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