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
ClearVue Technologies Limited is an Australia-based technology company. The Company operates in the building sustainability solutions sector supplying glazing products responding to the global need for construction decarbonization in a world where buildings and construction contribute nearly 40% of global greenhouse gas emissions. The Company’s solar photovoltaic glazing integrates solar technology into glass and building surfaces helping building owners to reach net zero through the generation of on-site electricity whilst at the same time improving the energy efficiency of the building envelope. The Company provides glazing solutions to various areas, including construction, greenhouses, utilities and infrastructure and demonstrations / research and development. Its products include Clear solar windows, Clear self-powered smart autonomous windows, Clear solar glass greenhouse, Self-powered illuminating facades, and Imaged solar windows.
CPV - ClearVue Technologies Ltd
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