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
1st Group Limited is an Australia-based healthcare technology company. The Company is engaged in the provision of healthcare, and corporate online search, and appointment booking services. The Company is engaged in building a virtual care technology company, Visionflex; an online pet service marketplace, PetYeti, and a corporate and government solutions platform, GoBookings.com. Visionflex’s integrated clinical tools include an HD examination camera, real-time auscultation using digital stethoscopes, temperature sensors, blood-pressure cuff, blood-glucose monitors, ECG monitors, pulse oximeters, and weight scales. GoBookings provides a software-as-a-service (SaaS) booking platform for cloud-based enterprise level rules-based appointments and resource bookings. PetYeti provides online appointment booking for vet and pet services providers. The SaaS booking platform helps animal owners and vets to connect online across Australia and New Zealand.
1ST - 1st Group Ltd
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