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
Vital Chemtech Limited is an India-based manufacturer of phosphorus derivatives. The Company is engaged in the business of manufacturing and supply of phosphorus derivatives, fine and specialty chemicals, and various intermediates for life sciences and crop protection. The Company’s product portfolio includes Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals and Intermediates, Organophosphates, Polymers and Dispersants, and Wellness Products. Its Phosphorus Derivatives product include phosphorus trichloride (PCl3), phosphorus oxychloride (POCl3), phosphorus pentachloride (PCl5), phosphorus pentoxide (P2O5), poly phosphoric acid (PPA) and phosphorus pentasulfide (P2S5). Its Wellness Products product include immune health; skin, hair, and nail; dietary supplements and weight management; bone, joints, and muscle health; sugar control products; herbal products; probiotic products; cognitive health and mental performance; sports nutrition, and others.
VITH - Vital Chemtech Ltd
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