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
Nasdaq, Inc. is a global technology company serving corporate clients, investment managers, banks, brokers and exchange operators. The Company offers data, analytics, software, exchange capabilities, and client-centric services. The Company operates through three divisions: Capital Access Platforms, Market Services and Financial Technology. Capital Access Platforms division includes its Data & Listing Services, Index and Workflow & Insights businesses. Its Data business sells and distributes historical and real-time market data. Its Listing Services business operates in the United States and Europe on a variety of listing platforms around the world to provide multiple global capital raising solutions for public companies. Market Services division includes the Company’s foundational North American and European Trading Services businesses. Financial Technology division is comprised of two distinct units: Capital Markets Technology and Regulatory Technology.
NDAQ - Nasdaq Inc
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