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
Applyflow Limited is an Australia-based company that is engaged in the development of a single cloud-based software-as-a-service solution platform. The Company is focused on human resource management with an enhanced single offering to the recruitment market. Its three geographical operating segments include Asia-Pacific (APAC); Europe, the Middle East and Africa (EMEA); and the Americas. The Company’s products and services include recruitment Website, career websites and employer branding, job board software, and recruitment marketing services. Its recruitment marketing services include research and discovery, branding, visual design, copywriting, Website development, custom functionality, analytics and event tracking, Web interactions, integrations, email campaigns, live chat integration, and job adverting. Its subsidiaries include Applypay Pty Ltd, JXT Global (US), Inc, JXT Global (UK) Limited, and JXT Australia Pty Ltd.
AFW - Applyflow Ltd
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