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
Real Luck Group Ltd. is a Canada-based esports betting company that offers legal, real-money betting, live streams, and statistics on 14 esports on desktop and mobile devices. It provides a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the Company offers a range of betting options for esports tournaments. Its in-house customized user interface and user experience is built on a technology stack that supports multiple odds and streaming sources that allows the Company to deliver deep esports betting coverage. The Company’s wholly owned subsidiaries includes Real Time Games Holding Limited, Real Time Games Services Limited, Real Time Games Developments Limited, Esports Limited, Esports Tech Limited, and Real Luck Group Holdings Ltd. It serves customers in more than 80 territories across the globe.
LUCK - Real Luck Group Ltd
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