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
Celebrus Technologies PLC, formerly D4t4 Solutions Plc, is a United Kingdom-based company, which provides a disruptive data technology platform. The Company is focused on improving the relationships between brands and consumers through better data. It captures and connects the data that powers customer analytics and activates cross-channel experiences. It automatically captures, contextualizes, and activates consumer behavioral data in live time across all digital channels. Through the addition of behavioral biometrics and artificial intelligence (AI), it empowers brands to detect and prevent fraud before it occurs. Its suite of data-driven solutions includes data capture, fraud and scams and data management. It is deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors. It creates a complete one-to-one identity map, enables PII tracking, and delivers real-time interaction management.
CLBS - Celebrus Technologies PLC
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