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
Altium Limited is an Australia-based multinational software company. The Company is engaged in the development and sales of computer software for the design of electronic products. It focuses on electronics design systems for 3D printed circuit board (PCB) design and embedded system development. It operates through two segments: Board and Systems, and Nexar. Board and Systems segment includes results from the PCB business for the Americas, Europe, Middle East, Africa (EMEA), China and Asia- Pacific, Altium Nexus as well as other products sold through partner channels and the manufacturing business. The Company’s Nexar segment includes the results from Octopart, Upverter and other products sold through the manufacturing business. Its software tools and platforms include Altium Circuitmaker, Altium Circuitstudio, Upverter, Power Analyzer by Keysight, EE Concierge, Altimade, Octopart, and Nexar. Its enterprise solutions enable digital management of workflow processes and resources.
ALU - Altium 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.