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Note on Purification and Zakat
- 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
3D Metalforge Limited is an Australia-based additive manufacturing company. The Company supplies customers with a range of additive manufacturing (AM) services, including diagnostics to identify suitable part of 3D printing, advanced part design and engineering, part printing in a wide range of materials, comprehensive AM training, and secure part design and print file storage. The Company’s geographical segments include Australia, Singapore, and the United States. The Company offers a range of in-house manufacturing services from design and engineering, material advisory, diagnostics and testing, to printing and post-production certification to the latest industry and application programming interface (API) standards. Its services include Home Services, Diagnostic Analysis, Design Services, Part Production, Client Facility Operation and Education and Training. The Company provides design and intelligent material selection, just-in-time production and AM manufacturing processes.
