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
Rajshree Polypack Limited is engaged in the business of manufacturing and trading of Plastic Packaging Products. The Company operates through its three manufacturing units in Daman. It manufactures Plastic rigid sheets and Thermoformed packaging products ranging from Yoghurt containers to daily containers, sweet boxes MAP, retort tray and fruit punnets. Its plastic rigid sheets products include High Impact Polystyrene (HIPS), Polystyrene Terephthalate (PET) and Polypropylene (PP). Its Thermoformed packaging products include dairy cups, cups for ice cream, cups for packaging of juices, beverages and water, rectangular meal parcel boxes, trays for sweets and confectioneries, daily containers, pentangular hinged containers, clear cup-pet and barriers products. Its Dairy Cups products include curd, yogurt and cheese packs. Its Cups for ice cream products include Ice Cream Cups and Disposable Ice Cream. It offers Polypropylene (PP) cups, which are suitable for hot fill applications.
RAJH - Rajshree Polypack Ltd
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