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
OneSpan Inc. is a provider of identity and authentication security, as well as enterprise-grade electronic signature (e-signature) solutions. The Company has two segments. Digital Agreements segment consists of solutions that enable its clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation and compliance. These solutions include OneSpan Sign e-signature solution, OneSpan Notary and Virtual Room solutions. Security Solutions segment consist of its portfolio of software products and/or software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices and applications. These solutions include identity verification, multi-factor authentication and transaction signing, such as mobile application security, mobile software tokens, and Digipass authenticators that are not cloud-connected devices.
OSPN - OneSpan Inc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.