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
DTI Group Ltd is an Australia-based company that provides technology solutions. The Company develops and provides surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry worldwide. Its products and services include on-board recording equipment, passenger information equipment, fleet management systems, back-end mass storage and retrieval facilities, and end-to-end managed services. The Company’s customers include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies. It offers a range of solutions that can assist transit operators, vehicle manufacturers and governments to provide customer centric journeys, such as surveillance, on board passenger information, video analytics, and managed services.
DTI - DTI Group Ltd
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