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
Tokyo Plast International Limited is an India-based company that is engaged in the business of manufacturing plastic thermoware products. The Company offers products under various categories, such as Thermo Bowl, To-Go, Outdoor Living and Combos. Its Thermo Bowl products include Polka, Pinnacle, Omega, Palila, Parisa, Panache, Pavonia, Picasso and Platinum. Its To-Go products include Prime, Penta Go, Paloma Lunch Kit, Regal, Sunny, Phoenix, Paloma, and Picnic Treat. Its outdoor living products include ice cooler boxes and cooler jugs. Its Combos include Eskimo five-piece set, Proxon four-piece set, Eskimo two-piece set, and Eskimo seven-piece set. It has two manufacturing plants at Kandla and Daman. The Kandla plant specializes in insulated water jugs, cooler boxes, and ice chest. The Daman plant specializes in insulated casseroles and food warmers. It exports its products to over 75 countries, including the United States, Latin America, Germany, France, Belgium, Spain, and others.
TPLI - Tokyo Plast International Ltd
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