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
Zicom Electronic Security Systems Limited is an India-based company that is engaged in the marketing and selling of electronic security systems and equipment. The Company operates through a single segment, which is Security and Safety. The Company also provides annual maintenance services for electronic security products. Its products include high-definition cameras and digital video recorders (DVRs), Internet protocol (IP)/network cameras and network video recorders (NVRs), closed circuit television (CCTV) power supplies, video door phones, security alarm system and accessories, access control systems and accessories, fingerprint locks, Safe°T series systems, and fire alarm systems and accessories. Its CCTV power supply products include 12V DC 16 CH CCTV camera power supply, 12V DC 4 CH CCTV camera power supply and 12V DC 8 CH CCTV camera power supply. The Company’s fire alarm systems and accessories include 2 Zone Fire Panel, 4 Zone Fire Panel and Fire Hooter 12v/24 DC – RE.
ZICO - Zicom Electronic Security Systems Ltd
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