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
Numinus Wellness Inc. (Numinus) is a Canada-based mental health care company. The Company develops proprietary, psychedelic-centered, therapeutic products and services through its own laboratory and research and development processes. The Company operates through three segments: Clinical Research Operations, the Canadian Clinic Network, the U.S. Clinic Network. Its Research Operations is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Numinus clinic network in Canada consists of Numinus Health, Mindspace, and the NCT. Numinus clinic network in the United States consists of Cedar Psychiatry Inc. (Cedar Psychiatry) and Foundations for Change Inc. (FFC). Numinus clinic network provides services including ketamine-assisted psychotherapy (KAP) for depression, transcranial magnetic stimulation (TMS), neurological care and psychotherapy and counselling by registered psychologists.
NUMI - Numinus Wellness Inc
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