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
Universus Photo Imagings Limited is an India-based company that is primarily engaged in the manufacturing, trading and selling of photographic and other imaging products. The Company operates through the Photo Films segment. The Company is engaged in manufacturing, selling, distributing, converting and producing, X-Ray films and NTR films in matt and glossy finish. Its NTR films are used for photo albums, certificates, playing cards, gift cards, visiting cards, calendar, menu cards, wedding cards and modeling portfolios. The Company procures jumbo rolls of the X-Ray films and slits them into different sizes at its slitting and packaging unit in Dadra.
UNIH - Universus Photo Imagings Ltd
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