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
Streamline Health Solutions, Inc. is a provider of health information technology solutions and associated services. The Company provides computer software-based solutions, professional consulting and auditing, and coding services, which capture, aggregate, and translate structured and unstructured data to deliver intelligently organized, easily accessible predictive insights to its clients. The Company offers solutions and services to assist its clients in revenue cycle management including its two flagship technologies RevID and eValuator. RevID is a cloud-based software-as-a-service (SaaS) automated, 24-hour charge reconciliation tool. RevID identifies discrepancies between a provider’s clinical and billing departments and ensures that every medical service is tracked. eValuator Coding Analysis Platform is a cloud-based SaaS solution that delivers the capability of fully automated analysis on 100% of billing codes entered by a healthcare provider’s coding team.
STRM - Streamline Health Solutions Inc
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