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
Bentley Systems, Incorporated is an infrastructure engineering software company. The Company offers solutions for enterprises and professionals across the infrastructure lifecycle. Its engineering applications and geoprofessional applications support the breadth of engineering and geoprofessional disciplines and are primarily desktop applications for professional practitioners. Its project delivery and asset performance enterprise systems are provided via cloud and hybrid environments, developed to extend enterprise collaboration during project delivery and to manage and leverage engineering information during operations and maintenance. Its Industry Solutions solve domain specific problems for owners of infrastructure assets and the project delivery ecosystems that support these owners. Its cloud-native iTwin Platform solutions enable digital twin workflows that can span project and asset lifecycles. It also offers artificial intelligence services for departments of transportation.
BSY - Bentley Systems Inc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.