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
Parsons Corporation is a provider of the integrated solutions and services for security environment and digital transformation. The Company operates through two segments: Federal Solutions and Critical Infrastructure. The Federal Solutions segment provides critical technologies, including cybersecurity; missile defense technical solutions; command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance (C5ISR); space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; nuclear and chemical waste remediation; border security, critical infrastructure protection; counter unmanned air systems, and biometrics and bio surveillance. Its Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe. The Company delivers technology-driven solutions to its customers worldwide.
PSN - Parsons Corp
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