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
Rubicon Technologies, Inc. is a provider of cloud-based waste and recycling solutions for businesses, governments, and organizations worldwide. The Company provides its waste generator customers with a platform that delivers transparency, self-service capabilities, and customer experiences. The Company’s programs span cardboard (OCC), plastic, paper, metal, glass, pallets, electronics recycling, construction and demolition (C&D), organics recycling (including food waste and composting services), grease and oil recycling, and single-stream recycling (SSR), among other adjacent services. RUBICONSmartCity its advanced smart city solution, helps municipalities sustainable waste and recycling operations. RUBICONPremier, an enterprise software as a service (SaaS) solution, allows haulers and recyclers to scale their operations into new geographies. The Company also offers various solution for haulers and recycles, which include RUBICONPro App, RUBICONPro Pod, and RUBICONSelect.
RBT - Rubicon Technologies Inc
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