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
TTK Healthcare Limited is an India-based healthcare company. The Company’s segments include Animal Welfare, Consumer Products, Medical Devices, Protective Devices, Foods, Others and Human Pharma. The Animal Welfare segment includes products for veterinary use. The Consumer products comprise marketing and distribution of Eva range of cosmetics, Woodward’s gripe water, good home range of scrubbers, air fresheners and others. The Medical Devices segment comprises manufacturing and marketing of artificial heart valves, orthopedic implants and others. The Protective Devices segment comprises manufacturing and marketing of male contraceptives and other allied products. The Foods segment comprises manufacturing and marketing of Food Products. The Others segment includes printing and publishing of maps and atlases. The Human Pharma segment includes products for human use. It has approximately 30 product categories and services with 16 manufacturing units.
TTKH - TTK Healthcare Ltd
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