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
The United Nilgiri Tea Estates Company Limited is engaged in growing and manufacturing tea, as well as letting out of property. The Company’s segments include Plantation and Property. It offers bulk tea and packet tea, which includes special tea, black tea, green tea, herbal tea, and gift tea. Under special tea, it offers Chamraj Frost Tea in Canister. Its black tea includes Chamraj Single Estate Orthodox Tea, Chamraj Single Estate Pure Orthodox Tea in Canister, Chamraj Pyramid Tea, Chamraj Rare Teas-Chestlet Pack, Chamraj Single Estate-Dip Bags, Chamraj Master Blend, Korakundah Organic Black Tea, and Korakundah Organic Single Estate Black Tea. Its green tea includes Korakundah Organic Green Tea, Korakundah Organic Tulsi Tea, and Korakundah Organic Green Tea Dip Bags. Under herbal tea, it offers Korakundah Organic Camomile Tea and Korakundah Organic Herbal Infusion. Its gift tea includes Chamraj Four in One Gift Pack. Its teas are sold in domestic and international markets.
UNIL - United Nilgiri Tea Estates Company Ltd
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