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
Siyata Mobile Inc. is a Canada-based developer of cellular-based communications solutions for advanced mobile networks under the Uniden Cellular and Siyata brands to global first responders and enterprise customers. The Company’s three product categories include rugged handheld mobile devices and in-vehicle communications solutions, which are sold to first responders, enterprise customers, commercial fleet vehicles and industrial workers, and cellular amplifiers to boost the cellular signal inside homes and buildings and vehicles. Its UV350 4G/LTE is a purpose-built in-vehicle communication device designed specifically for professional vehicles, such as trucks, vans, buses, emergency service vehicles and other enterprise vehicles. It also develops, markets and sells a portfolio of rugged handheld push-to-talk over cellular smartphone devices. It also offers a full line of cellular boosters, to boost cellular reception, under the brand name Uniden.
SYTA - Siyata Mobile Inc
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