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
Hybrid Software Group PLC is a United Kingdom-based developer of integrated hardware and software solutions for graphics and industrial inkjet printing. The Company’s segments include Printing Software, Printhead Solutions, and Enterprise Software. The Printing Software segment is engaged in digital printing and color management software. The Printhead Solutions segment is for electronics and software developed for industrial inkjet printing. The Enterprise Software segment is for enterprise workflow software used primarily for the production of labels and packaging. It is engaged in the technology developments used for printing and manufacturing a diverse range of goods, from food labeling and packaging, to textiles, floor tiles, and wall coverings, and additive manufacturing and three-dimensional (3D) printing applications. Its focus is to provide technology to offer original equipment manufacturers (OEMs) integrated solutions for their production digital presses.
HYSG - Hybrid Software Group PLC
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