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
Repro India Limited is an international publishing industry services company. The Company operates through Value Added Print Solutions segment. It provides print solutions to client, which mainly includes value engineering, creative designing, pre-press, printing, post-press, knitting and assembly, warehousing, dispatch, database management, sourcing and procurement, localization and web-based services. It offers services to international, retail, educators, e-Book, and print. It provides educators with smarter tools designed to enrich the learning experience for children. Its pioneering learning solution, RAPPLES is a complete learning solution featuring a Learning Management System (LMS) for students and teachers. It works closely with publishers, retailers, bookstores, libraries, and schools both domestically and internationally to provide dynamic and targeted solutions for complex content publishing challenges. It has facilities in Surat, Navi Mumbai, Bhiwandi, and Chennai.
RPRO - Repro India Ltd
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