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
Dart Mining NL is an Australia-based company engaged in exploration of base metal and gold in Australia. The Company is focused on discovery, in the prospective Northeast Victorian Lachlan Fold Belt, which include Lithium, Gold, Silver, Copper, Molybdenum, Zinc, Tungsten, Tin, Tantalum, and a host of other minerals. The Company’s exploration activities are focused across Orogenic Gold, Porphyry base and precious metals, as well as critical minerals, including Lithium, Tantalum and Tin. Its project include Granite Flat, which is located within the Company’s northeast exploration region between Mitta Mitta and Glen Wills, approximately 74 km southeast of Albury-Wodonga. It holds tenement portfolio in northeast, eastern and central Victoria is broken up into five project areas: tenement portfolio in northeast, eastern and central Victoria is broken up into five project areas: Corryong, Mitta Mitta, Buckland (Northeast Victoria), Buchan (Eastern Victoria), and Rushworth (Central Victoria).
DTM - Dart Mining NL
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