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
Osisko Development Corporation is a Canada-based gold development company. The Company is focused on-past-producing properties located in mining-friendly jurisdictions with district scale potential. Its projects include Cariboo Gold Project, Tintic Project and San Antonio Gold Project in Sonora, Mexico. The Cariboo Gold Project is an advanced stage feasibility level gold project located in central British Columbia in the historical Wells-Barkerville mining camp. The total land package covers an area of 192,000 hectares and includes approximately 80 kilometers (km) strike of mineral targets. The Tintic Project is located 95 km south of Salt Lake City, within the historic East Tintic Mining District of Central Utah, United States. Its San Antonio Project is located in the state of Sonora, Mexico, including the past producing Luz de Cobre oxide copper mine. Its James Bay Properties cover approximately 186,000 ha. It also has Guerrero Properties located in Guerrero, Mexico.
ODV - Osisko Development Corp
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