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
BigCommerce Holdings, Inc. is a provider of an open software-as-a-service (SaaS) ecommerce platform. The Company allows merchants to build their e-commerce solutions their way with the flexibility to fit their business and product offerings. Its business segments: large enterprises, the mid-market, and small businesses. It provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services like payments, shipping and fulfillment, point of sale, marketing, accounting and omnichannel. It offers access to its platform on a subscription basis. The Company serves customers across a variety of sizes, product categories, and purchase types, including business-to-consumer (B2C) and business-to-business (B2B). The Company offers free, direct integration with networks, such as Facebook and Instagram and online marketplaces, such as Amazon and eBay.
BIGC - Bigcommerce Holdings Inc
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