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
SAI.TECH Global Corporation is a sustainable bitverse operator. The Company is primarily engaged in sales of digital assets mining machines to end customers, as well as the Company specializes in hosting service to digital asset mining customers, digital mining and mining pool service and other services globally. The Company’s segments include equipment sales & hosting, and mining pool business. The Company operates through three business areas: ULTIAAS, HEATNUC, and BOLTBIT. ULTIAAS is engaged in providing clean computing services based on liquid cooling and chip waste heat utilization technology for bitcoin mining and artificial intelligence (AI) computing. HEATNUC is engaged in providing zero-carbon energy systems based on small modular reactors and heat pump combined power supply technology for cities and countries. BOLTBIT is engaged in providing a decentralized transaction system based on blockchain and lightning network technology.
SAI - SAI.TECH Global Corp
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.