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
Fabled Silver Gold Corp. is a Canada-based company. The Company is focused on acquiring, exploring, and operating mineral properties. The Company holds an option interest in the Santa Maria Project located in Mexico. Its projects include Santa Maria project and Muskwa project. The Santa Maria project is a silver-gold property situated in the center of the Mexican epithermal silver-gold belt in Parral, Chihuahua, Mexico. It is located approximately 19 kilometers from Santa Baarbara and 39 kilometers from Parral in state of Chihuahua, Mexico. It also holds an option interest in the Muskwa Project and the Bronson property.
FCO - Fabled Silver Gold Corp
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