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
Amplitude, Inc. is a software company, which is engaged in developing a category of software called digital analytics. The Company provides a Digital Analytics Platform that helps companies analyze their customer behavior within digital products. Its Digital Analytics Platform consists of integrated components, including a data infrastructure layer; amplitude analytics, which includes product analytics, marketing analytics, experience analytics and artificial intelligence (AI)-driven alerts; experimentation; audience management; data streaming, and amplitude customer data platform (CDP). The Company delivers its application over the Internet as a subscription service using a software-as-a-service (SaaS) model. The Company also offers customer support related to initial implementation setup, ongoing support services, and application training. The Company serves various industries, including finance, media, retail, industrials, hospitality, healthcare and telecommunication.
AMPL - Amplitude Inc
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.