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
Caledonia Mining Corporation Plc is a gold production, exploration and development company. The Company operates through two segments: Zimbabwe and South Africa. The Zimbabwe segment comprises Caledonia Holdings Zimbabwe (Private) Limited, Blanket Mine (1983) (Private) Limited and Caledonia Mining Services (Private) Limited. The South African segment is involved in sales made by Caledonia Mining South Africa Proprietary Limited to the Blanket Mine. The Company’s primary asset is the Blanket Mine in Zimbabwe. The Blanket Gold Mine is a Zimbabwean gold mine, which operates at a depth of approximately 750 meters below surface and produced approximately 55,000 ounces of gold. The Blanket Gold Mine also holds brownfield exploration and development projects both on the existing mine area and on its satellite properties, which are within trucking distance of the Blanket metallurgical recovery plant. The Company also holds Motapa gold exploration property in Southern Zimbabwe.
CMCL - Caledonia Mining Corporation PLC
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