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
Artemis Gold Inc. is a Canada-based gold development company. The Company is engaged in identifying, acquiring, and developing gold projects in mining-friendly jurisdictions. The Company operates through a single segment: the exploration and development of mineral properties. The Company is focused on the development of the Blackwater Gold Project (Blackwater Project) in central British Columbia. The Project is situated in central British Columbia, approximately 160 kilometers (km) southwest of Prince George and 446 km northeast of Vancouver. The project is accessible by major highways and access/service roads. The Company has 100% interest in approximately 328 mineral claims covering an area of 148,688 hectares distributed among the Property and the Capoose, Auro, Key, Parlane, and RJK claim blocks.
ARTG - Artemis Gold Inc
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