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
SQI Diagnostics Inc. discovers, develops, and commercializes diagnostic testing for healthcare professionals, patients and consumers. The Company develops and manufactures respiratory health and precision medicine tests that run on structured query language (SQI) fully automated systems. Its tests enhance COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its COVID-19 testing solutions include Rapid Mobile PCR Testing for COVID-19, Sofia SARS Antigen Fluorescent Immunoassay (FIA) and Sofia2 Flu+SARS Antigen Fluorescent Immunoassay (FIA). Its transplant diagnostics solutions include TORdx LUNG Test, which is a diagnostic that assesses the health of donor lungs, and Ex Vivo Lung Perfusion provides care for conditioning donor lungs suspected of injury prior to transplantation. It also offers surveillance testing such as Celiac Disease Screening Test and Rheumatoid Arthritis Test.
SQD - SQI Diagnostics 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.