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
Star Health and Allied Insurance Company Ltd is an India-based health insurance services. The Company provides services in health, personal accident, and overseas travel insurance. Its product categories include health insurance, accident insurance, and travel insurance. The Company’s products include Star Travel Protect Insurance Policy, Star Student Travel Protect Insurance Policy, Accident Trauma Care Insurance Policy (Individual), Star Net Plus, Classic Group Health Insurance, Star Cardiac Care Insurance Policy, Star Group Criticare Gold, Star Group Health Insurance Policy For Bank Customers, Star Group Criticare Platinum, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana(ABPMJAY) – Government of Puducherry, Star Micro Rural and Farmers Care, Star Hospital Cash Insurance Policy, Star Comprehensive Insurance Policy, Young Star Insurance Policy, Family Accident Care Insurance Policy, Star Group Health Insurance Policy Gold (For Bank Customers), and Star Group Top-up.
STAU - Star Health and Allied Insurance Company 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.