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
CSG Systems International, Inc. is a software-as-a-service (SaaS) platform company. The Company provides customer engagement, revenue management, and payments solutions. The Company offers integrated real-time revenue management platforms leveraging public cloud, private cloud, or on-premises deployments to optimize and monetize transactions at every stage of the customer lifecycle. It provides brands with strategic insights, experience design, customer journey management, business intelligence analytics, and customer communication solutions. It offers an end-to-end SaaS payments platform, allowing organizations to accept electronic check/ automated clearing house (ACH), debit and credit card payments, and offer the ability to receive funds. The Company offers operational services encompassing infrastructure management, including hardware, application, and environmental management and application configuration management, including configuration development, release, and deployment.
CSGS - CSG Systems International Inc
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