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
Tredegar Corporation, through its subsidiaries, is engaged in the manufacture of aluminum extrusions, polyethylene (PE) plastic films and polyester (PET) films. It operates through three segments: Aluminum Extrusions, PE Films and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished, for the building and construction, automotive and transportation, consumer durables goods, machinery and equipment, electrical and renewable energy, and distribution markets. The PE Films segment produces surface protection films, polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment produces PET-based films for use in packaging applications that have specialized properties, such as heat resistance, strength, barrier protection and the ability to accept print graphics. Flexible Packaging films sells its products under the Terphane, Sealphane and Ecophane brand names.
TG - Tredegar Corp
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