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
Golden Pursuit Resources Ltd. is a Canada-based junior exploration and development company. The Company is focused on the development of its portfolio of advanced exploration and past-producing gold mines in the Northwest Territories (NWT) and exploration projects in Nevada. The Company holds mineral properties in Canada and the United States. The Company owns a mineral lease for its Gordon Lake Property. The Gordon Lake property is located approximately 50 miles north of Yellowknife, Northwest Territories, Canada. The Gordon Lake Property consists of two Mining Leases totaling approximately 378.4 hectares (935 acres) and seven mineral claims covering an area of approximately 3,117 hectares (7,701 acres). It also has interest in Myrt Lake Project, which is located approximately 70 kilometers northeast of Yellowknife, NWT. Its properties under development include Owyhee, BLS Claims, Golden-Reef, Petes Summit Project, NS Claims, Zig Project and Hoyt Project.
GDP - Golden Pursuit Resources Ltd
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