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
Cirrus Logic, Inc. is engaged in low-power, high-precision mixed-signal processing solutions. The Company’s product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, tablets, laptops, virtual reality/augmented reality headsets, home theater systems, automotive entertainment systems and professional audio systems. Its Audio Products include boosted amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors. The Company’s HPMS Products include camera controllers, haptics and sensing solutions, battery, and power integrated circuits (ICs). Additionally, the Company’s SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customers’ products by improving the user experience.
CRUS - Cirrus Logic Inc
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