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
Wim Plast Limited is an India-based company, which is engaged in manufacturing of various plastic products, such as plastic molded furniture, extrusion sheets, air coolers, dustbins, industrial pallets and industrial and engineering molds. The Company’s products include lifestyle collection, rattan collection, comfort collection, infiniti collection, kids collection, premium collection, stools, dining tables, center tables, kleeno, ladder collection, horeca collection and more. Its lifestyle collection range includes abacus, antilla, atria, cheer, club class, eleganza, florida and more. Its rattan collection range includes kraft with arm, kraft without arm and kraze. Its comfort collection range includes Decent, Decent Delux and Perfect Super Delux. Its stool product range includes acutouch, beta, bistro, coral, hippo and more. Its dining tables range include eden, esquire, magna table, presto, proline, prompt, prudentm and senator.
WIMP - Wim Plast Ltd
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