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
DRA Global Limited is an Australia-based multi-disciplinary engineering, project management and operations management company. The Company has capabilities in mining, minerals and metals processing and related non-process infrastructure, including environmental, social, and governance (ESG), water and energy solutions for the mining industry. The Company delivers services across two regional operating segments: Asia-Pacific, North and South America (APAC/AMER), and Europe, Middle East and Africa (EMEA). Its projects offer project development services, including concept development, preliminary economic assessment, feasibility studies and front-end engineering design, and project delivery and execution services, including engineering design, project management, procurement, construction management and commissioning. The Company provides services to its global customer base through approximately 16 offices.
DRA - DRA Global Ltd
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