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
DSS, Inc. is a multinational company. The Company operates its business through nine divisions: Product Packaging, Biotechnology, Direct Marketing, Commercial Lending, Securities and Investment Management, Alternative Trading, Digital Transformation, Secure Living, and Alternative Energy. Product Packaging operates through Premier Packaging Corporation, Inc., which markets, manufactures, and sells sophisticated custom folding cartons, mailers, photo sleeves and complex three-dimensional direct mail solutions. Biotechnology operates through Impact BioMedical, Inc., which targets unmet, urgent medical needs and expands the borders of medical and pharmaceutical science. Direct Marketing offers nutritional and personal care products. Commercial Lending operates through American Pacific Bancorp, which provides an integrated suite of financial services for businesses. Alternative Trading develops and acquires assets and investments in the securities trading and funds management arena.
DSS - Dss Inc
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