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
Paysafe Limited is a United Kingdom-based specialized payments platform. The Company’s purpose is to enable businesses and consumers to connect and transact through various capabilities in payment processing, digital wallet, and online cash solutions. Its segments include Merchant Solutions and Digital Wallets. The Company’s products include Cash Online, Digital Wallets, Integrated Payments, Online Payments, 3DS 2 Integration, Embedded Wallets, Payouts and Point of Sale. It connects businesses and consumers across more than 250 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Its brands include INCOME access, paysafecard, Paysafe:cash, viacash, NETELLER, PCS, and Skrill. The Company serves industries, including crypto, education, retail, petroleum, and property management, among others.
PSFE - Paysafe Ltd
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