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
RocketDNA Ltd, formerly Delta Drone International Limited, is an Australia-based multi-national drone-based data service and technology solutions provider for the mining, agricultural and engineering industries. The Company provides a range of services, including aerial surveying and mapping, security and surveillance, and blast monitoring and fragment analysis through a fully outsourced service with artificial intelligence (AI) and fast data turnaround that allows enterprise customers to focus on operations on the ground while the Company takes care of everything in the air. Its operations are focused on Australia and Africa.
RKT - Rocketdna Ltd
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