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
DDH1 Limited is a drilling company, which serves the mining and exploration sectors. The Company provides a range of specialized surface and underground drilling services to mining and exploration clients in Australia. Its fleet of drilling rigs includes dual-purpose rigs that can perform reverse circulation drilling as a precursor for its clients. It offers reverse circulation capabilities through its multi-purpose specialist rigs. It also offers specialist engineering services to deliver solutions to the technical drilling challenges in some of the complex operating environments in Australia. It operates a fleet of about 190 specified drill rigs across four brands, such as DDH1 Drilling, Ranger Drilling, Strike Drilling and Swick Mining Services. DDH1 Drilling is a provider of diamond coring mineral drilling services. Ranger Drilling and Strike Drilling, provides specialist reverse circulation drilling services across the commodity chain.
DDH - DDH1 Ltd
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