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
Calibre Mining Corp. is a Canada-based gold mining, mine development, and exploration company. The Company owns several operational open-pit and underground mines, two milling facilities, the El Limon and La Libertad mines, and a portfolio of exploration and development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, the Company also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP). The Company holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It also owns the adjacent advanced-stage and permitted Gold Rock Project and the past-producing Illipah Gold Project in Nevada, as well as the Golden Eagle project in Washington State, which is an exploration stage project.
CXB - Calibre Mining Corp
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