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
Nubeva Technologies Ltd. develops enterprise decryption solutions for transport layer security (TLS) and Ransomware. The Company’s TLS solution consists of a micro-endpoint agent that automatically discovers and extracts symmetric keys from handshake processes in memory, in real time, and then security forwards them to the decryption systems for fast and easy decryption. The solution works without any modification to applications, libraries, network and systems architectures, or PKI. Its session key intercept (SKI) works on nearly all versions of Linux, containers and Kubernetes, and Windows server/client systems. The solution enables decryption of TLS1.3, 1.2 with PFS, as well as pinned certificate sessions for both passive and inline use cases. The Company delivers the solution as a software toolkit to enable solution and service providers, as well as mature SecOps/DevOps teams in the enhancement of existing or new visibility solutions.
NBVA - Nubeva Technologies Ltd
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