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
Trejhara Solutions Limited is an India-based technology products and solutions provider. The Company’s products are focused on helping organizations accelerate their digital footprint and customer experience through interactive presentation and offline analytical capabilities. Its SCMProFit, a logistics solution that allows it to streamline and enhance logistics operations by improving efficiency and optimizing working capital. SCMProFit takes control of the supply chain by streamlining and enhancing logistics operations. Its solution for warehousing is a fully featured warehouse management system (WMS) to help both integrated logistics service providers and independent warehouse operators control the movement and storage of materials. Its solution for freight forwarding covers end-to-end operations for forwarders. It provides its services and solutions in different segments, such as warehousing, freight forwarding, project logistics, manufacturing, distribution, and others.
TREJ - Trejhara Solutions Ltd
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