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
Image Scan Holdings plc is a United Kingdom-based company that is engaged in the development, manufacturing, sale and support of X-ray inspection systems for security, counter terrorism, and industrial applications. The Company’s customers include police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, mail rooms and stadia and events operators. The Company has developed and manufactured an industrial X-ray inspection system, the MDXi range. The primary market for these systems is in automotive emissions control, where they are used for quality control inspection of catalytic converters and diesel particulate filters. The Company, through its subsidiary, 3DX-RAY Limited, supplies a range of portable, rapid deployment and static security solutions to the security sector worldwide, including governments and private security organizations. Its industrial range includes production in-line, batch and laboratory systems.
IMGE - Image Scan Holdings PLC
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