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
TAJGVK Hotels & Resorts Limited is an India-based company, which is engaged in the business of owning, operating, and managing hotels, palaces, and resorts with the brand name of TAJ. Its business activities include short-term accommodation activities, restaurants, mobile food service activities, event catering, and other food services activities. It offers products and services such as rooms, food, and beverages. Its properties include Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, and Taj Club House. The Taj Krishna property is a five-star deluxe property with over 260 room inventories. The Taj Banjara property has over 122 rooms. The Taj Deccan property has over 151 rooms and offers a range of business requirements, from rooms spread across various categories to banqueting facilities. The Vivanta by Taj is a five-star hotel with over 181 rooms. The Taj Club House has approximately 220 rooms. It serves various markets, such as Hyderabad, Chandigarh and Chennai.
TAJG - TAJ GVK Hotels and Resorts Ltd
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