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
Dotz Nano Limited is an Australia-based technology company focused on developing, manufacturing and commercializing advanced materials for tagging, tracing and verification and diagnostics solutions. The Company is specializing in the development and marketing of advanced carbon-based materials used for tracing, anti-counterfeiting and product-liability solutions. The Company’s products include ValiDotz, BioDotz, Fluorensic and InSpec. These products offer solutions for a range of applications, such as: anti-counterfeiting, brand and reputation protection, oil and gas industry, liquids tagging, lubricants and DEF authentication, polymers tagging and bio-imaging. BioDotz is carbon-based markers are embedded into plants through irrigation. ValiDotz is security markers are imbedded into plastic parts during production. Fluorensic tracers offer an environmental chemically and thermally robust solution. InSpec product provide a range of security solution for Oils, Greases and fuels.
DTZ - Dotz Nano Ltd
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