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
HIRE Technologies Inc. is a Canada-based staffing company. The Company provides recruitment and staffing services. The Company, through its subsidiaries PTC Accounting and Finance Inc. (PTC), The Headhunters Recruitment Inc. (The Headhunters), 2449983 Ontario Inc. (The Kavin Group), Taylor Ryan Inc. (Taylor Ryan) and BTG Holdco Inc. provides human resources services, which comprises of recurring contract staffing services, on occurrence permanent placement services, and a software-as-a-service (SaaS) performance management tool. Its brands include Leaders International, Pulsify, Taylor Ryan, Kavin Group, The Headhunters, and PTC. Pulsify is a Web-based performance management application designed around data analytics, meeting facilitation, immediate feedback and predictive insights. The Company serves a range of industries, including Information technology (IT), financial services, government, health care, engineering, and manufacturing.
HIRE - HIRE Technologies Inc
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