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
UPL Limited is an India-based company that provides crop protection solutions. The Company is principally engaged in the agro business of production and sale of agrochemicals, field crops, vegetable seeds and non-agro business of production and sale of industrial chemicals, chemical intermediates and specialty chemicals. The Company operates through three business segments: Crop Protection, Seeds business and Non-Agro. Crop Protection segment includes manufacture and marketing of conventional agrochemical products, and other agricultural related products. Seeds business segment includes manufacture and marketing of seeds. Non-Agro segment includes manufacture and marketing of industrial chemical and other non-agricultural related products. It offers an integrated portfolio of both patented and post-patent agricultural solutions for various arable and specialty crops, including biological, crop protection, seed treatment and post-harvest solutions covering the entire crop value chain.
UPLL - UPL Ltd
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