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
Strategic Education, Inc. is an education services company. It provides access to education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills. It operates through its subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, Torrens University, an accredited post-secondary institution of higher education located in Australia. Its segments include U.S. Higher Education (USHE), Australia/New Zealand, and Education Technology. The USHE segment offers certificate and degree programs to working adults primarily through Strayer University and Capella University. Its Education Technology Services segment is focused on developing and maintaining relationships with employers to build employee education benefits programs. The Australia/New Zealand segment is comprised of Torrens University, Think Education, and Media Design School.
STRA - Strategic Education Inc
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