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
Narf Industries plc is a United Kingdom-based cybersecurity company. The Company is specialized in high-end threat intelligence and critical infrastructure security. The Company is engaged in commissioned cyber security research and development (R&D) and is commercializing a portfolio of products, including a DARPA-backed product (an agency within the United States Department of Defence) that can be used by utilities and cyber first responders to restore power to electric grids and protect other key infrastructure that has suffered a cyber-attack.
NARF - Narf Industries PLC
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