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
GeoJunxion NV, former AND International Publishers N.V., is a provider of digital maps and location-based services (LBS) across the world. The Company offers road database that connects over 200 countries in the world, including fully attributed navigation maps of Western Europe. The Company offers Navigation Maps, which are suitable for turn-by-turn navigation and Location Based Services; Digital Maps, which are optimized for route planning, time-distance calculations and optimization studies, and Geocoding Maps, which are suitable for (reverse) geocoding, address verification and includes all streets and house number (ranges). The Company’s digital maps are used for navigation and mapping; location based services; advertising and marketing; mobile resource management and geographic information system, and government.
GOJXN - GeoJunxion NV
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