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
Walpar Nutritions Ltd is an India-based nutraceutical, pharmaceutical and healthcare company. The Company is engaged in manufacturing various types of nutraceutical formulation, pharmaceutical ingredients, and pharmaceuticals formulation. It has vertically integrated Herbo nutraceutical products manufacturing facilities in western parts of India, Gujarat. Its portfolio includes tablets, capsules, powder/sachets, and oral liquids. It manufactures various private label/third party brands to different companies across the country and overseas. Its products include Pcos Care Forte, Procive-F, Procive-M, Proplus, BIOMID, FERROF, FTM-plus, FTW-plus, G-Flora INOSIA-F, Joint-CR, NI-1000, Ortin-5, Ova-Wom, PCOS-CARE, Refitil-F, Refitil-M, Seagut, Spinac, TRIVITA, flaxseed- Oil, Ironica-CR, Magorich, PDF, PIYO, and Ashyuka Plus. It has its own platform for trading of nutraceutical, herbal, ayurvedic and pharmaceutical raw materials.
WALP - Walpar Nutritions Ltd
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