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
elexxion AG is a Germany-based companythat is active in the development, production and sale of dental laser technology. The Company’s range of products comprises the four laser systems elexxion claros, elexxion claros nano, elexxion duros and elexxion delos. elexxion claros is a diode laser, which offers up to 50 watts of power. elexxion claros nano combines the benefits of the high-powered surgical lasers with the low-powered diode lasers. elexxion duros is an erbium laser system for the treatment of dental hard tissue. elexxion delos combines both laser sources in one appliance, and can be used to treat a wide range of dental problems. The Company also supplies accessories for its products and offers training workshops. It is active in Europe, Asia and North America and cooperates worldwide with various distribution partners.
E8XG - Elexxion AG
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