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
Thomas Cook (India) Limited is an India-based integrated travel services company. The Company offers a spectrum of services that include foreign exchange, corporate travel, mice, leisure travel, value added services, visa and passport services and e-business. The Company operates through two segments: Financial Services, and Travel and related services. The Financial Services segment includes wholesale and retail purchase and sale of foreign currencies and paid documents. The Travel and related services segment include tour operations, travel management, visa services and travel insurance and related services. The Company operates business to consumers and business to business brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied T Pro, Australian Tours Management, Desert Adventures, Luxe Asia, Kuoni Hong Kong, Sterling Holiday Resorts Limited, TC Forex, Distant Frontiers, TC Tours, TC Visa, Travel Circle International Limited, Ithaka, and Digiphoto Entertainment Imaging.
THOM - Thomas Cook (India) Ltd
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