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
BSA Limited is an Australia-based comprehensive technical services contracting company. The Company is focused on providing services across communications and utilities infrastructure and property solutions. The Company operates through two segments: BSA Communications & Utility Infrastructure (CUI), and BSA Advanced Property Solutions (APS). CUI segment provides services to the telecommunications, subscription television and utility industries. These services include the delivery of bundled services over fixed line and wireless networks, the installation of subscription television and the installation of smart meters. APS segment provides the design, installation, maintenance and optimization of building services for all hard assets in facilities and infrastructure, including fire detection and suppression, mechanical services, heating, ventilation, air conditioning, refrigeration, electrical, and building management systems.
BSA - BSA Ltd
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