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
GK Software SE is a Germany-based Company, which is a global provider of cloud solutions for the international retail industry. The Company specializes in software and services for the operation of retail company branches. It operates through two segments: GK/Retail and IT Services. The GK/Retail segment offers various software products and end-to-end solutions, including software for store device control and mobile merchandise management, for secure handling of business processes at traditional and mobile points of sale (POS), as well as software for task management, centralization of back office servers, facility administration, and promotion management, among others. The IT Services segment offers services for operating systems at store-based retailers, such as user support and monitoring, and maintenance of software and hardware. The Company is a subsidiary of Fujitsu Limited.
GKSG - GK Software SE
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