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
4DS Memory Limited is an Australia-based semiconductor company. The Company is engaged in the development of a non-volatile memory technology known as Interface Switching resistive random-access memory (ReRAM), for gigabyte storage class memory. Interface Switching ReRAM, an area-based ReRAM technology positioned for storage class memory in mobile devices and cloud data centers. It owns a patented Internet protocol (IP) portfolio, comprising 32 United States patents granted and an additional one patent application, which have been developed in-house to create high-density storage class memory. In collaboration with imec in Belgium, the Company is developing a production-compatible process for the 300-millimeter production tools that memory makers use to fabricate high-density, high-volume memories to use in a production-compatible process to build a 4DS megabit memory.
4DS - 4DS Memory Ltd
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