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
Cisco Systems, Inc. designs and sells a range of technologies that power the Internet. It is integrating its platforms across networking, security, collaboration, applications and the cloud. Its segments include the Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). Its product categories include Secure, Agile Networks; Internet for the Future; Collaboration; End-to-End Security; Optimized Application Experiences, and Other Products. Secure, Agile Networks consists of its core networking technologies of switching, enterprise routing, wireless, and compute products. Internet for the Future consists of its routed optical networking, public fifth generation (5G), silicon, and optics solutions. Collaboration consists of its meetings, collaboration devices, calling, contact center and communication platform as a service (CPaaS) offering. End-to-End Security consists of cloud and application security, industrial security and other offering.
CSCO - Cisco Systems Inc
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