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
Pollard Banknote Limited is a Canada-based provider of products and solutions to lottery and charitable gaming industries. The Company operates segments include Lotteries and charitable gaming, and eGaming systems. Its Lotteries and charitable gaming segment include manufacturing of instant tickets and related products. Its eGaming systems segment is engaged in the development of game systems. The Company produces and provides a line of instant tickets and lottery products and services which include licensed products, distribution, SureTrack lottery management system, marketing, iLottery, game content, interactive digital gaming, PlayOnTM loyalty programs, and retail management services, among others. These instant tickets and lottery products are marketed under the Diamond Game and Compliant Gaming trade names. In addition, its charitable gaming product line includes pull-tab tickets, bingo paper, pull-tab vending machines and ancillary products such as pull-tab counting machines.
PBL - Pollard Banknote Ltd
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