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
GGX Gold Corp. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties. The Company is focusing its financial resources on the Gold Drop property option. Gold Drop property is situated in prolific gold-copper mining camps of North America, the Greenwood-Republic mining camp. The Greenwood mining camp is located in southern British Columbia, which has produced 1.4 million ounces of gold, 10 million ounces of silver and 0.7 billion pounds of copper.
GGX - Ggx Gold Corp
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