Table I.

Financial details of PQR Co. Ltd. for the period of three years, i.e. 2011-2012, 2012-2013 and 2013-2014

ParticularsUnit31.03.201231.03.201331.03.2014
Outstanding sharesMillion100100100
Interest-based investmentsUS$ million10,00012,00015,000
Total incomeUS$ million500,000550,000600,000
Interest income (stated)US$ million2,0001,8002,500
Income from interest-based investmentsa(Disguised impure income)US$ million8009601,200
Dividend@10%US$ million3,600NilNil
The financial year for PQR Co. is April to March

Note:

aImpure income (disguised income) is assumed at 8% of interest-based investments as per TASIS Sharīʿah norms

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