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
BlueBet Holdings Ltd is an Australia-based online wagering provider and bookmaker. The Company is engaged in offering sports and racing betting products and services to online and telephone clients through its advanced online wagering platform and mobile applications. It operates through two geographical segments: Australia and North America. The Company offers wagering products on approximately 31 sports in Australia and internationally, plus entertainment and politics wagering markets. The Company provides customers with a range of traditional wagering products as well as more products, such as Exotics, Same Game Multis and Same Race Multis. The Company is powered by a cloud-based technology platform that has been materially customized and enhanced by the Company. The Company has developed its customer-facing technology platform, Website, and native applications with a mobile-first strategy. Its subsidiaries include BlueBet Pty Ltd, BlueBet IP Pty Ltd, and BlueBet USA, Inc.
BBT - Bluebet Holdings Ltd
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