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
Moneta Gold Inc. is a Canada-based mineral resource exploration and development company. The Company is focused on the exploration and development of gold projects in the Timmins Camp of Ontario, Canada. Its flagship project, the Tower Gold Project, is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. Its property comprises over 85 patented mineral claims, four leased mineral claims, and 320 unpatented mineral claims. Its gold projects in Timmins area include North Tisdale, Nighthawk Lake, Kayorum, and Ogden (DeSantis East) properties and base metal projects include the West Timmins/Denton-Thornloe Property, Loveland Nickel, Kamiskotia, and Fripp properties. Its Matheson area assets include the past-producing Buffonta property, Gold Pike Bourkes, Guibord, Sims and Plato properties in an approximately 9,269 ha land package.
ME - Moneta Gold Inc
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