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
Aurelia Metals Limited is an Australia-based gold and base metals mining and exploration company. The Company owns and operates three underground mines and processing facilities in New South Wales: Peak Mine, Hera Mine and Dargues Mine. The Peak Mine is located in the northern Cobar Basin, south of Cobar in central-west New South Wales (NSW). The Hera Mine is a polymetallic underground mining operation, located approximately 100 kilometers (km) south-east of Cobar in central-west NSW. The Dargues Mine is a gold mining and milling operation located in the Southern Tablelands region of NSW, approximately 60 km south-east of Canberra. Its preeminent near-term development projects include Federation and Great Cobar. The Federation deposit hosts high-grade zinc, lead, and gold mineralization and is located approximately 10 km south of Hera Mine. The Great Cobar Project involves the development of a satellite base metals and gold deposit, north of the New Cobar mining complex at Peak Mine.
AMI - Aurelia Metals Ltd
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