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
Affle (India) Limited is a global technology company. The Company provides a consumer intelligence platform that delivers consumer engagement, acquisitions, and transactions through relevant mobile advertising. Its segments include the Consumer Platform and the Enterprise Platform. The Consumer Platform segment delivers consumer recommendations and conversions through relevant mobile advertising. Its user acquisition and engagement solutions help applications, businesses, and brands to advertise and discover as well as re-engage their valuable customers. The Enterprise Platform segment offers an array of digital transformation services to build audience-centric digital assets. Its platforms include appnext, Jampp, MAAS, RevX, and Vizury, among others. It also provides end-to-end solutions for enterprises to enhance their engagement with mobile users, such as developing applications, enabling offline to online commerce for offline businesses with e-commerce aspirations and others.
AFFL - Affle (India) Ltd
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.