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
P10, Inc. is a multi-asset class private market solutions provider in the alternative asset management industry. The Company structures, manages and monitors portfolios of private market investments, which include specialized funds and customized separate accounts within primary investment funds, secondary investments, direct investments and co-investments (specialized investment vehicles), across attractive asset classes and geographies. Its portfolio of private solutions includes Private Equity, Venture Capital, Impact Investing and Private Credit. It markets its solutions under various brands, including RCP Advisors, Bonaccord Capital, and P10 Advisors, its Private Equity solutions; TrueBridge, its Venture Capital solution; Enhanced, its Impact Investing solution; and Five Points, Hark Capital, and WTI, its Private Credit solutions. Its investor base includes institutional investors, including pension funds, endowments, foundations, corporate pensions and financial institutions.
PX - P10 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.