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
Premier Polyfilm Limited is engaged in the manufacturing and sale of PVC films and sheets. The Company is engaged in the manufacturing and sale of PVC Films, Sheets, and Leather Cloth. The Company’s products include Marbled (Contract), Printed and Technical Flooring, Leather Cloth, Sheeting, Humidity Barrier, Geo Membrane, PVC Flexible Film, calendared leather cloth, PVC Geomembrane, PVC Recycled Compounds. The Company markets its product under the brand names, Polychallenger and Polyfloor. The Company offers heavy duty flooring-Polychallenger for porta cabins, offices and shops; PVC transport flooring with silicon carbide for transport sector; PVC sheet laminated with jute/polyester backing for extreme climatic conditions; PVC flexible film for lamination, shower curtains and rain wear; poly anti-acidic flooring for chemical labs and factories, industrial flooring for heavy traffic application, and calendared leather cloth for table cover, and rickshaw covers, among others.
PRPF - Premier Polyfilm Ltd
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