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
Grayscale Decentraland Trust (MANA) is a digital currency investment trust. The Trust’s investment objective is for the value of the shares (based on MANA per Share) to reflect the value of the MANA held by the Trust, determined by reference to the reference rate price, less the Trust’s expenses and other liabilities. The activities of the Trust includes issuing baskets in exchange for MANA transferred to the Trust as consideration in connection with the creations; transferring or selling MANA, incidental rights and IR virtual currency as necessary to cover the sponsor’s fee and/or any additional trust expenses; transferring MANA in exchange for Baskets surrendered for redemption, causing the sponsor to sell MANA, incidental rights and IR virtual currency on the termination of the Trust; making distributions of incidental rights and/or IR virtual currency or cash from the sale thereof, and others. Its sponsor is Grayscale Investments, LLC.
MANA - Grayscale Decentraland Trust (MANA)
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