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
Trekkingtoes.com Limited is an India-based company, which is engaged in the business of offering travel aggregator platform to cab rental services. The Company provides services on call booking service, Website and mobile application. The Company provides technology and data-driven solutions. It works on exclusive and non-exclusive model with driver and vendors. The Company is also engaged in data base trading, software consultancy services and currency conversion services in Indian as well as international markets.
TREG - Trekkingtoes.com Limited
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