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
Skillcast Group PLC is a United Kingdom-based company, which is primarily involved in providing management services to its subsidiary. The Company provides subscriptions to its content and technology products to the customer for subscription periods that are typically twelve months. It offers subscriptions to Skillcast Portal, which is its integrated compliance management application that comes with a range of tools, namely SELMS, Policy Hub, Compliance Declarations, Surveys, Compliance Registers, Training 360, Events Management and SMCR 360; and the Skillcast OTS course libraries, namely Essentials, FCA Compliance, Insurance Compliance and Risk. The Company provides customized and standard content to its clients under fixed-price contracts. It is engaged in bespoke e-learning development projects for large corporates, translations of those bespoke courses, customization of OTS courses for subscription clients, and other content and technology consultancy.
SKLS - Skillcast Group PLC
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