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
Mirasol Resources Ltd. is a gold, silver, and copper exploration company. It is engaged in the acquisition and exploration of mineral properties, principally located in Chile and Argentina. It is focused on exploration of its two flagship projects, Sobek, and Inca Gold, both located in Chile. The Sobek project is located approximately seven kilometers (km) west of Filo del Sol and 10 km west of Josemaria. The Company controls 11,120 hectares (ha) of exploration claims in this district in three blocks that are all on the Chilean side of the border with Argentina. The 16,300 ha Inca Gold project is located in Region III of Chile, approximately 100 km north of Copiapo, and within the Inca Del Oro mining district that hosts both Santiago Metals Delirio Cu/Au mine and PanAust/Codelco’s Inca de Oro Cu/Au porphyry deposit. Its exploration and evaluation assets include Altazor, Gorbea, Coronacion Copper/Gold, Nord, Inca, Rubi, Sascha-Marcelina, Virginia Silver, Homenaj and Nico projects.
MRZ - Mirasol Resources Ltd
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