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
Mednow Inc. is a Canada-based healthcare company. The Company has developed a Web and mobile application to facilitate the sale and distribution of prescription medications, and the delivery of virtual care and telemedicine services. Its application is accessible and compatible with the Internet browsers Apple Safari, Google Chrome, Mozilla FireFox, and Microsoft Edge on mobile phones and on personal computers. Through its technological infrastructure, the Company provides customers with a convenient and secure way to fill, order, receive and manage their prescriptions. The Company owns and operates retail brick-and-mortar pharmacies that are located in British Columbia, Ontario, Manitoba and Nova Scotia. It offers doctor services, such as virtual care and telemedicine services, as well as doctor home visits for patients in Ontario who are unable to leave their homes. The Company also offers free at-home delivery of medication.
MNOW - Mednow Inc
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.