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
Yaari Digital Integrated Services Limited is an India-based company, which is primarily engaged in the businesses of digital platform and providing e-commerce services. It provides social commerce services through its Yaarii digital platform and app. Key features of the application include sleek interface, smooth navigation, and delectable feed. Yaari is a curated marketplace that offers a range of products to choose from-apparel, footwear, accessories, home decor items and other.
YAAR - Yaari Digital Integrated Services Ltd
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