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
Bridge SaaS Limited (BGE) is an Australia-based company engaged in providing software as a service (SaaS) based customer relationship management (CRM) and workflow solutions to employment, care and support industries. The Company is also a supplier of enterprise management software to providers of multiple government programs such as Network Driver Interface Specification (NDIS) and Workforce Australia. The Company’s Bridge Software is a single platform that simplifies the unique data, compliance and documentary evidence requirements of major government-funded programs through a unified user interface. Bridge Software allows providers to effectively manage large client caseloads and geographically distributed workforces, within a secure and compliant cloud-based platform. The Company’s product features include Analytics, Automated Servicing, CHIMPS, NDIS Software, Payslip Tracker, Task Management and Vacancy Management.
BGE - Bridge SaaS Ltd
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