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
Integer Holdings Corporation is a medical device outsource (MDO) manufacturing company. The Company serves the cardiac rhythm management, neuromodulation, orthopedics, vascular, advanced surgical and portable medical markets. It provides medical technologies worldwide. In addition, the Company develops batteries for applications in energy, military and environmental markets. Its brands include Greatbatch Medical, Lake Region Medical and Electrochem. The Company has two segments: Medical and Non-Medical. The Medical segment includes the cardio and vascular; cardiac rhythm management, and neuromodulation and advanced surgical; orthopedics and portable medical product lines. The Non-Medical segment comprises the Electrochem product line. Electrochem provides customized battery power and power management systems. Electrochem designs and manufactures customized primary (non-rechargeable) battery solutions, which are used in the energy, military and environmental markets.
ITGR - Integer Holdings Corp
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