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
Capricorn Metals Limited is an Australia-based gold exploration company. The Company operates within two distinct project areas within Western Australia: the Karlawinda Gold Project and the Mt Gibson Gold Project. The Karlawinda Gold Project is located in the Pilbara region of Western Australia, approximately 65 kilometers southeast of the town of Newman. The Karlawinda Project consists of over 2,000 square kilometers of prospective tenure, which includes the greenstone belt hosting the 2.3 million ounce Resource and 1.3 million ounce Reserve Bibra gold deposit and other areas for gold. The Mt Gibson Gold Project (MGGP) is located approximately 280 kilometers northeast of Perth and less than 10 kilometers from the main arterial Great Northern Highway, in the Murchison region of Western Australia. It is 150 kilometers south-southeast (SSE) of Yalgoo (Golden Grove VHMS base metal deposits) and 240 kilometers south-southwest (SSW) of Cue and the Big Bell and other lode gold mines.
CMM - Capricorn Metals Ltd
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