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
Caprice Resources Ltd is an Australia-based gold and base metals exploration company in Western Australian. The Company is focused on its portfolio of assets, including its Island Gold Project in the Cue Goldfield, and the Northampton Project. Its projects include Murchison Projects and Northampton. Its Murchison Projects include Island Gold, Cuddingwarra and Big Bell South in the Cue Goldfield. The Island Project covers approximately 21 square kilometers (km2) of prospective tenure in the richly endowed Cue gold field. The Cuddingwarra project is located over 540 kilometers (km) north-east of Perth and 10 km west of the town of Cue in Western Australia. The Big Bell South project is located approximately 520 km north-north-east of Perth and 35 km west of the town of Cue in Western Australia. The Northampton Project is located approximately 450 km north of Perth and 40km south of Geraldton. The project consists of seven granted exploration licenses, covering 1,170 km2.
CRS - Caprice Resources Ltd
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.