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
Going Public Media AG is a Germany-based media company that focuses on publishing activities in the areas of enterprise financing and investments. The Company publishes approximately 90 magazines per year, operates several online platforms and online news sites, publishes online news letters and is active on social media. Along with its publishing activities, the Company organizes events. Its publishing portfolio comprises Smart Investor, Die Stiftung, Bondguide, Unternehmer Edition, Plattform M&A China/Deutschland, M&A Review, VentureCapital Magazin, GoingPublic Magazin, hvmagazin, Life Sciences Serie and FuS. The Company operates through two subsidiaries: Smart Investor Media GmbH and Die Stiftung Media GmbH
G6PGn - Going Public Media AG
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