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
Professional Diversity Network, Inc. is a developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals. The Company serves a variety of such communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, persons with disabilities, Military Professionals, and Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+). The Company operates through three segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network) and RemoteMore USA (RemoteMore). PDN Network segment includes online professional networking communities with career resources tailored to the needs of various diverse cultural groups. NAPW Network segment is a women-only professional networking organization. RemoteMore segment provides companies with talented engineers to provide solutions to their software needs.
IPDN - Professional Diversity Network Inc
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