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
Sigma Additive Solutions, Inc. is a software company. The Company is a provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. The Company specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for three-dimensional (3D) metal and polymer advanced manufacturing technologies. PrintRite3D is an interactive in-process quality assurance system that combines inspection, feedback, data collection and critical analysis. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling cost-savings and production efficiencies by reducing waste, increasing yield and shortening cycle times. It offers PrintRite3D for laser powder bed fusion systems (PBF); original equipment manufacturers (OEMS) and independent software vendors, and direct energy deposition systems.
SASI - Sigma Additive Solutions 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.