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
WeP Solutions Limited is an India-based company, which offers managed printing services, retail printing solutions, software as a service (SaaS) based digital services and solutions. The Company operates through three segments: Printers, Managed Printing Solutions (MPS) and Digital Services. The Printers segment is engaged in designing, manufacturing and distributing retail billing printers and other impact printers. The Managed Printing Solutions (MPS) segment is engaged in providing office printing solutions and services to corporate customers. MPS includes asset plus service solution, WeP asset management and secure printing. The Digital Services segment is engaged in providing digital services, such as GST. Digital transformation solutions include DMS workflow automation solutions and GST solutions. The Company has two manufacturing facilities in Mysore (Karnataka) and Baddi (Himachal Pradesh).
WEPS - WeP Solutions 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.