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.
DMS Imaging SA, formerly known as Asit Biotech SA is a France-based high-tech company. The Company is based in the south of France specialized in medical imaging diagnostics. It’s brands include Apelem, DMS, AXS Medical and Medilink, which offer a range of solutions in radiology, bone densitometry, stereo-radiography and post urology, all of which are adapted to the demands of the global marketplace. The Company serves across 140 countries through it’s subsidiaries and joint-ventures. It generates maximum of the turnover through the exportation market.
Muslim Xchange Inc. is a Canadian company based in Mississauga, Ontario. 🍁