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
Blue Star Helium Limited is an Australia-based independent helium exploration and production company. The Company is engaged in finding and developing new supplies of high-grade helium in North America. It has an on-going helium prospect generation program focusing on Utah, Colorado, Arizona and New Mexico. The total land position of the Company and its subsidiaries in Las Animas County, Colorado totaled approximately 306,581 gross (224,316 net) acres. The Company has contiguous leasing prospects, including Serenity, Enterprise, Pegasus, Galactica and Voyager.
BNL - Blue Star Helium Ltd
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