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
Broadwind Inc. is a manufacturer of structures, equipment and components for clean technology and other specialized applications. It provides technologically advanced products to customers with complex systems and stringent standards that operate in energy, mining and infrastructure sectors, in the United States of America. Its segments include Heavy Fabrications, Gearing and Industrial Solutions. The Heavy Fabrications segment provides complex and precision fabrications to customers in a range of industrial markets. Gearing segment provides gearing and gearboxes to a set of customers in diverse markets, including onshore and offshore oil and gas fracking and drilling, surface and underground mining, wind energy, steel, material handling, infrastructure, marine and other industrial markets. Industrial Solutions segment provides supply chain solutions, light fabrication, inventory management, kitting and assembly services, primarily serving the combined cycle natural gas turbine market.
BWEN - Broadwind Inc
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