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
Whirlpool of India Limited is an India-based manufacturers and marketers of various home appliances. The Company is primarily engaged in manufacturing and trading refrigerators, washing machines, air conditioners, microwave ovens, kitchen appliances, built-in and small appliances and caters to both domestic and international markets. The Company also provides services in the area of product development and procurement services to Whirlpool Corporation, United States of America and other group companies. Its refrigerators include single door refrigerators, double door refrigerators, three door refrigerators, bottom mount refrigerators, side by side refrigerators and four door refrigerators. Its washing machines include semi-automatic washing machines, top load washing machines and front load washing machines. In the air conditioners category, it offers split air-conditioners. It offers microwave ovens, such as convection microwave ovens, grill microwave ovens and solo microwave ovens.
WHIR - Whirlpool of India Ltd
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