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
Ansarada Group Limited is an Australia-based global information governance software provider. The Company is engaged in the provision of services across information governance, board management, risk and compliance, including business readiness and online deal rooms for customers through a business-to-business (B2B) software as a service (SaaS)-based platform. Its product is a cloud-based, artificial intelligence (AI) powered SaaS platform for end-to-end management of material outcomes for businesses throughout their lifecycle. It provides a single interactive system for managing business events and milestones, such as raising capital, merger and acquisition, post-acquisition integration, audits, asset portfolio management, tenders, governance, risk, board and compliance. Its solutions have supported more than 35,000 critical events for a diverse and global customer base of more than 5,200 active customers. It serves industries, such as technology, mining, real estate, and others.
AND - Ansarada Group Ltd
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