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
Grafenia plc is engaged in building software-as-a-service (SaaS) systems for businesses. The Company licenses and franchises the Nettl network of Web design studios in the United Kingdom, America, Ireland, France, The Netherlands, Belgium, New Zealand, and Australia. The Company’s geographic segments include UK & Ireland, Europe, and others. The Company also supplies a range of printing, signage, promotional items, and expo displays to the UK partner network. It sells brochures and banners, and websites and signs. Its brands include Brambl, BrandDemand, CareDocs, Flyerzone, Marqetspace, Nettl, printing.com, Software Circle, Vertical+, and w3p. Its Nettl brand offers integrating ecommerce sites with instore electronic point of sale systems or syncing online booking with telephone reservations. Its printing.com brand has a network of design studios, which sell designs face-to-face and offer print management online. The Company also provides care home management software and systems.
GRAG - Grafenia PLC
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