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
Vivid Global Industries Limited is an India-based company engaged in the business of production of dye intermediates and dyes. Its products include dye intermediates, reactive dyes, direct dyes and acid dyes. Its dye intermediates include Tobias Acid (Regular Grade), Tobias Acid (Purified Grade), Sulpho Tobias Acid, N-Methyl J. Acid, N. Phenyl J. Acid, N. Phenyl J. Acid (Purified Grade) and Rhoduline Acid (DI.J. Acid). Its reactive dyes include reactive high exhaust (HE) dyes, reactive mild exhaust (ME) dyes, reactive cold brand dyes (dichloro trianze-based), reactive hot brand dyes (monochlorotriazine-based) and vinyl sulphone-based reactive dyes. Its direct dyes include direct blacks, direct blues, direct greens, direct reds, direct violets, direct oranges, direct browns and direct yellows. Its acid dyes include acid blacks, acid blues, acid greens, acid reds, acid violets, acid oranges, acid browns and acid yellows. Its manufacturing units are located in Gujarat and Maharashtra.
VIVI - Vivid Global Industries Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.