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
Cricut, Inc. is a designer and marketer of a creative platform that enables users to turn ideas into professional-looking handmade goods. The Company’s connected machines, design apps and accessories and materials, users create everything from personalized birthday cards, mugs and T-shirts to large-scale interior decorations and others. The Company’s segments include Connected Machines, Subscriptions and Accessories and Materials. The Accessories and Materials segment primarily consists of craft, DIY, home decor products and heat presses, including the Cricut Mug Press and Cricut EasyPress. Its cloud-based software integrates its connected machines and design apps, allowing users to create and share seamlessly from anywhere, at any time, across desktops or mobile devices. Its portfolio of connected machines cut, write, score, and create decorative effects for a range of uses cases on a range of materials including paper, vinyl and leather.
CRCT - Cricut Inc
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