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
Green Impact Partners Inc. is a Canada-based clean energy company. The Company has an operating portfolio of water and solids treatment and recycling facilities in North America. The Company also has a portfolio of renewable natural gas (RNG) and clean energy development projects. The Company operates through two segments: Water and Solids Treatment and Recycling, and Clean Energy Production. The Water and Solids Treatment and Recycling segment consists of water, waste and solids disposal and recycling services, as well as other marketing operations. The Water and Solids Treatment and Recycling segment spans a range of industries including agriculture, forestry, government, midstream companies, public infrastructure, oil and gas production companies, potash and utilities. The Clean Energy Production segment is comprised of multiple pre-production renewable energy projects.
GIP - Green Impact Partners Inc
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