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
ESI Group SA is a France-based technology company. The Company specializes in the design, development and marketing of software packages designed for performing virtual testing (digital simulations for prototypes, manufacturing processes and product behavior). It offers services such as, sales of licenses and maintenance, provision of services, engineering, consulting, training services, among others. The Company provides virtual prototyping software for scientific, engineering, construction, automotive and land transportation, aerospace, defense, naval and heavy industry for consumers and workers, adaptable and business models. Its software evaluates the performance of proposed designs in the early phases of the project with the goal of identifying and eliminating design flaws. It is present in more than 18 countries around the world. The Company ESI Group SA is the subsidiary of Keysight Technologies Inc.
ESIG - ESI Group SA
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