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
Winsome Breweries Limited is an India-based company, which is engaged in manufacturing and selling of beer. The Company is also engaged in the business of brewing and marketing beer in India. The Company operates through two segments: Beer and Educational training. The Company’s plant is situated in Sarehkhurd village, Tehsil Tijara, Alwar district, Rajasthan. The Company’s beer is directly sold to Rajasthan State Breweries Corporation Limited (RSBCL). The Company also operates in the North India market, including Delhi, Haryana, Punjab, Himachal Pradesh, Uttar Pradesh and northern Madhya Pradesh. Its brewery is located in the North Indian state of Rajasthan, about 70 kilometers (km) from New Delhi on a land area of approximately 19 acres.
WINB - Winsome Breweries Ltd
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