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
Goal Acquisitions Corp. is a blank check company. The Company is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The Company’s target business is not limited to a particular industry or geographic region although it intends to initially focus on target businesses in the sports industry. It is an early stage and emerging growth company. The Company has not commenced any business operations and has not generated any operating revenues. The Company generates non-operating income in the form of interest income from the proceeds derived from the public offering. The advisory services are provided by EarlyBirdCapital.
PUCK - Goal Acquisitions Corp
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