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
SML Isuzu Limited is an India-based company, which is engaged in the business of manufacturing and sale of commercial vehicles and their parts. The Company’s product categories include buses, trucks and special applications. Its bus products include S7 Staff Bus, Executive LX School Bus, BH Series School Bus (BSVI), Executive LX Staff BSVI, S7 School Bus, SML School Bus BSVI, Hiroi Staff Bus, Hiroi School Bus, Bus Chassis Diesel and Bus Chassis CNG. Its truck products include Dual Cab Truck, Samrat GS Tipper Chassis, Samrat GS Truck, Sartaj GS HG75 MS Container Truck, Sartaj GS HG72 Truck, Reefer Truck, Sartaj GS HG75 Truck, Prestige GS Truck, Sartaj GS 5252 Truck, Super GS Truck, Supreme GS Truck and Samrat 1312 XT truck. Its trucks for export include Prestige GS Pickup, Prestige GS, Samrat GS Tipper, Samrat GS, Sartaj 5252, Sartaj GS HG 72, Sartaj GS HG75, Super GS and Supreme GS. The Company’s buses for export include S7 School Bus and Executive LX Coach.
SMLI - SML Isuzu Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.