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
iMining Technologies Inc. is a Canada-based energy-focused technology company. The Company operates through its subsidiaries in energy, fintech and metaverse areas of business. It provides software, data solutions and independent advisory services to the blockchain and cryptocurrency industry. The Company’s businesses include iminpay, iminotc and iminstaking. Its solutions enable clients to analyze, gain insight and recognize the value of their investments. The Company invests in energy infrastructure, blockchain technology and Web3.0 ecosystem. It is developing sustainable energy and technology solutions for data center operations. The Company has a diverse investment and provides infrastructure solutions. The Company accelerates under-utilized energy to power digital infrastructure for artificial intelligence, machine learning and blockchains. The Company operates in North America, Europe and Asia.
IMIN - iMining Technologies Inc
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