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
Sapphire Foods India Limited is an India-based company engaged in the business of quick service restaurant (QSR) and casual dining business. The Company is a franchisee operator of Yum Brands in India, Sri Lanka and Maldives. Its operating brands include Kentucky Fried Chicken (KFC), Pizza Hut and Taco Bell. KFC offers an extensive menu featuring chicken on the bone, boneless chicken and other chicken products, burgers, rice bowls, wraps, beverages and desserts. Pizza Hut offers an extensive menu for all parts of the day with a variety of pizzas, pasta, appetizers, beverages and desserts. Taco Bell offers an extensive menu comprising a variety of taco fillings, sauces and distinctive products like sweet burritos and bell wings. The company has approximately 579 restaurant outlets (KFC, Pizza Hut, and Taco Bell) in operation.
SAPI - Sapphire Foods India Ltd
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