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
The GO2 People Ltd is a provider of recruitment and training services to industry throughout Australia. The Company provides workforce solutions to a range of industries with a client base that includes several national and multi-national blue-chip organizations across the construction, mining, and industrial sectors. It provides workplace training and education courses. The Company also delivers a full suite of blue-collar employment services through its registered training organization and its apprenticeship and traineeship recruitment and labor hire divisions. Its Skill Hire business delivers both government-funded and fee-for-service workplace training and education in the form of pre-employment programs, traineeships and apprenticeships, and fee-for-service recruitment and labor hire services to a client base in Western Australia and South Australia. Its Hunter Executive business provides white collar executive recruitment services in Western Australia, Victoria, and Queensland.
GO2 - GO2 People Ltd
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