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
P2 Gold Inc. is a mineral exploration and development company. The Company is focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia. It owns the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada. It also holds interests in two properties located in northwest BC, the BAM Project, and the Silver Reef Property, and one property located in southeast Oregon, the Lost Cabin Property. The Gabbs Project is located in the Fairplay Mining District, south-southwest of the town of Gabbs, Nye County, Nevada. The Gabbs Project consists of approximately 543 federal unpatented lode claims and one patented lode claim which comprises an approximately 45.0 square kilometers (km2) (17.5 mi2) contiguous claim block. The Silver Reef Property covers an area of over 23,000 hectares approximately 85 kilometers north of Hazelton, British Columbia and to the east of the Golden Triangle.
PGLD - P2 Gold Inc
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