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
Silver Bullet Data Services Group plc is a United Kingdom-based data and digital transformation company. The Company is focused on delivering future-proofed solutions for the privacy-first, first-party data era in marketing and digital advertising. It provides digital transformation services and products. It operates two business units serving clients, technology partners, and media agency networks globally, which includes data-driven transformation services business and four dimensional (4D) contextual data product business. Data-driven transformation services business includes first-party data strategy and customer journey advisory services, marketing technology implementation and integration engineering, Martech and data managed services. The 4D contextual data product business includes contextual insights and targeting platform designed to help clients meet the challenges posed by the privacy-first post-cookie era. 4D is its contextual data product.
SBDS - Silver Bullet Data Services Group PLC
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