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
Dawson Geophysical Company is a provider of North American onshore seismic data acquisition services with operations throughout the continental United States and Canada. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D), and multi-component seismic data solely for its clients, ranging from oil and gas companies to independent oil and gas operators, as well as providers of multi-client data libraries. It provides its seismic data acquisition services primarily to providers of multi-client data libraries for use in the onshore drilling and production of oil and natural gas in the continental United States and Canada, as well as directly to onshore oil and natural gas exploration and development companies. It acquires geophysical data using 3-D seismic survey techniques. In addition to conventional 2-D and 3-D seismic surveys, it provides multi-component seismic data surveys. Multi-component surveys involve the recording of alternative seismic waves.
DWSN - Dawson Geophysical Co
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