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
Unity Infraprojects Limited is an India-based company, which is engaged in construction and allied activities. The Company operates buildings and housing; transportation; water supply and irrigation. Its completed building and factories projects include Big Mall, Thane; Terna Hospital and Engineering College Building, Nerul, Navi Mumbai; Secretariat Complex, Assam; Five Star Hotel at Shiv Chhatrapati Krida Sankul, Balewadi, Pune; Chhatrapati Shivaji International Airport – Terminal 1B, Mumbai; Millenium Business Park, Navi Mumbai; Tsunami Affected Rehabilitation Project, Andman & Nicobar Islands; Gurudwara Takht and Yatri Niwas, Nanded, Maharshtra, and others. The Company’s completed water projects include Arphal Tunnel, Satara District, Strengthening of Tansa Dam, Thane District, and Clear Water Mains Project, Delhi. The Company’s completed transport includes Railway Tunnel, Tripura; Railway Tunnel, Tripura; Khodadad Circle Flyover, Mumbai, and others.
UTIL - Unity Infraprojects Ltd
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