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
Clean Power Hydrogen plc is a United Kingdom-based green hydrogen technology and manufacturing company. The Company has developed the intellectual property (IP)-protected Membrane-Free Electrolyser (MFE). The technology combines its MFE with cryogenic separation to deliver pure hydrogen and pure oxygen as separate gases. The technology is scalable for a variety of applications, and when supplied by renewable electricity, the technology delivers green hydrogen. It provides services across power, industry and manufacturing, transport and machinery, commercial and retail, and hydroculture markets. The Company’s subsidiary is Clean Power Hydrogen Group Limited.
CPH2 - Clean Power Hydrogen PLC
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.