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
DGR Global Limited is engaged in the generation of projects and the provision of services and support to sponsored listed companies, within the mineral resources industry. The Company’s business is the creation of resource exploration, development, and mining companies. It owns a portfolio of investments in companies, which include Armour Energy Ltd, SolGold Plc, Atlantic Lithium Ltd, Clara Resources Australia Ltd, New Peak Metals Ltd, and Lakes Blue Energy NL. Armour Energy Limited holds prospective whole basin oil and gas positions in Northern Territory and Northwest Queensland. SolGold plc focuses on the copper and gold porphyry systems at Cascabel in Ecuador. Atlantic Lithium Ltd focuses on the Ewoyaa Lithium Project in Ghana. Clara Resources Australia Ltd is focusing on a diverse commodity base including cobalt, nickel, and metallurgical coal. New Peak Metals Ltd is focused on exploring for alternative gold deposits as well as other precious and base metals project opportunities.
DGR - DGR Global Ltd
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