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
Cyxtera Technologies, Inc. provides data centers in retail colocation and interconnection services. It provides a range of data center products and services that are specifically designed to address the needs of enterprises, service providers and government agencies. Its primary service and product offerings include colocation, interconnection, bare metal, Cyxtera SmartCabs, deployment services and gold support. Its colocation services provide customers space and power in data centers for applications and workloads in an integrated ecosystem. Its interconnection is a global data center that delivers the local, global and cloud connectivity options customers need for distributed hybrid information technology (IT). Its bare metal is an on-demand IT infrastructure solution that allows customers to consume its data center services in a cloud-like fashion. It offers a variety of value-added services to help customers streamline data center deployment and reduce time-to-solution.
CYXT - Cyxtera Technologies Inc
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.