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
BirdDog Technology Limited is an Australia-based company, which is engaged in the development and manufacturing of hardware and software video technology solutions industry. The principal activities of the Company consist of development and manufacturing of global video technology that enhances the quality, speed and flexibility of video through a range of solutions, augmented with network device interface (NDI). These solutions are then sold through a network of distributors and resellers and direct, to individuals and organizations within professional video, corporate audio-visual (AV) and digital signage markets who demand broadcast quality video content. NDI uses software, computers and networks to make video creation and sharing accessible. The Company’s NDI Bridge transports complete NDI streams over local area network (LAN), wide area network (WAN) or public Internet. Its NDI Audio Direct makes audio-over-IP available for software-based audio applications.
BDT - BirdDog Technology Ltd
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