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
Pureprofile Limited is an Australia-based global data and insights company providing online research and digital advertising services to agencies, marketers, researchers, and brands and businesses. The Company’s research delivers insights into real human behavior and provides through its research technology (ResTech) and software-as-a-service (SaaS) solutions. It builds in-depth profiles of consumers via its proprietary and partner panels and gives businesses the ability to understand, target, and engage with their audiences. Its segments include Data & Insights and Pure.amplify Media AU. The Data & Insights segment is engaged in conducting market research, accessing insights and campaigns through its self-service platform. The Pure.amplify Media AU segment is engaged in buying and selling online advertising inventory on behalf of advertisers and publishers. The Company operates in North America, Europe, and Asia Pacific (APAC).
PPL - Pureprofile Ltd
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