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
Hut 8 Mining Corp. is a Canada-based technology company. The Company is focused on digital asset miners, bullish on Bitcoin, blockchain, Web 3.0 and bridging the nascent and traditional high performance computing worlds. The Company and its subsidiaries are primarily in the business of the mining of digital assets. It focuses on utilizing specialized equipment to solve computational problems to validate transactions on different blockchains and receiving bitcoin in return for services. The Company operates cloud and colocation data center facilities in Canada, targeting enterprise customers seeking computing services. Its infrastructure portfolio includes over seven sites: five high performance computing data centers across British Columbia and Ontario that offer cloud, co-location, managed services, artificial intelligence (AI), machine learning, and VFX rendering computing solutions, and two Bitcoin mining sites located in Southern Alberta.
HUT - Hut 8 Mining Corp
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