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
Hunter Technology Corp. is a Canada-based technology company. The Company provides a physical oil marketplace powered by a blockchain to enable independent crude oil producers to access a global market for the marketing and sale of their production. It develops interactive software platforms that digitalize and streamline physical oil trading throughout the transaction lifecycle. With its solutions, Hunter delivers more favorable economics and fair market access for all and promotes the transition towards a more. The Company’s subsidiaries include Hunter Technology Holdings Ltd., Digiledger Holdings AG, Hunter Oil Management Corp., and Hunter Oil Production Corp.
HOC - Hunter Technology Corp
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