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
Visteon Corporation is a global automotive technology company, which serves the mobility industry. The Company’s platforms provide hardware and software solutions that enable the digital, electric, and autonomous evolution of its automotive customers, including BMW, Ford, Geely, General Motors, Honda, Jaguar/Land Rover, Mahindra, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Renault, Stellantis, Tata, Toyota, and Volkswagen. It operates through a single segment, Electronics. Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advanced driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Its products and services include instrument clusters, information displays, audio and infotainment systems, battery management systems, high-voltage power electronics, telematics solutions, smartcore cockpit domain controller and body domain controller.
VC - Visteon Corp
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