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
Etherstack plc is a wireless technology company focused on specializing in developing, manufacturing and licensing radio technologies for wireless equipment manufacturers and network operators worldwide. The Company’s products and applications include cryptographic solutions, defense waveforms, LMR networks, LMR protocol stacks, and tactical and Satellite. The Company licenses its software and designs to companies that manufacture telecommunication equipment primarily for government, public safety agencies, defense, utilities and resources industries. It offers a range of cryptographic solutions, including P25 Security Suite, P25 Key Management Facility, FIPS 140-2 Cryptographic Module and P25 Security Dongle. It offers tactical and satellite solutions, including P25 Tactical Repeater and IVX- PTT IP Radio. The Company also manufactures digital radio networks and tactical communications products. It operates in North America, Australia, United Kingdom, and Other Asian countries.
ESK - Etherstack PLC
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