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
Bellevue Gold Limited is an Australia-based company engaged in the exploration and evaluation of minerals and mine development in Australia. The Company’s principal activities include the development of the Bellevue Gold Project, located approximately 40 kilometers (km) to the north-west of Leinster in the Goldfields region of Western Australia. The Company is developing a high-grade underground gold mine at the Bellevue Gold Project. Its projects include Bellevue Gold Project, South Yandal Project and Kathleen Valley Project. The South Yandal Project covering, about 867 square kilometers is an advanced exploration project located in a gold province. The project is located approximately 40 km to the east of the Bellevue Gold Project. The project covers significant, untested anomalous gold in soils. The Kathleen Valley Project is located immediately to the north of the Bellevue Gold Project and covers approximately 20 km along strike from the Bellevue Mine.
BGL - Bellevue Gold Ltd
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