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
Azenta, Inc. is a provider of life science sample exploration and management solutions for the life sciences market. The Company operates through two segments: Life Sciences Products, and Life Sciences Services. The Life Sciences Products segment provides automated cold storage solutions for biological and chemical compound samples. The segment’s product offerings include automated cold storage systems, consumables and instruments, controlled rate thawing devices, and temperature-controlled storage and transportation solutions. The Life Sciences Services segment provides solutions addressing the many needs of customers in genomic analysis and the management and care of biological samples used in pharmaceutical, biotech, healthcare, clinical, and academic research, and development markets. The segment’s service offerings include genomic services, and sample repository solutions. Its brands include GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, Barkey and B Medical Systems.
AZTA - Azenta Inc
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