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
Daily Journal Corporation is engaged in publishing newspapers and Websites reporting California and Arizona news. It also produces several specialized information services. Its segments include Traditional Business and Journal Technologies. Its Traditional Business segment include newspapers and related online publications, Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, The Daily Transcript, Business Journal and The Record Reporter. The Company operates Journal Technologies segment through its segment, Journal Technologies, Inc. This segment supplies case management software systems and related products to courts, prosecutor and public defender offices, probation departments, and other justice agencies, including administrative law organizations, city and county governments and bar associations. Its United States operations are based in California, Arizona and Utah.
DJCO - Daily Journal Corp
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