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
Taboola.com Ltd. is a technology company that powers recommendations across the Open Web with an artificial intelligence (AI)-based, algorithmic engine. The Company’s platform, powered by artificial intelligence, is used by digital properties, including Websites, devices and mobile applications, to drive monetization and user engagement on the Open Web. Digital properties use the Company’s technology platforms to achieve their business goals, such as driving new audiences to their sites and applications or increasing engagement on site. The Company enables advertisers to leverage its AI-powered recommendation platform to reach targeted audiences utilizing effective, native ad-formats across digital properties. As part of the Company E-Commerce offerings, it also syndicates its retailer advertisers’ monetized product listings and links (clickable advertisements) into commerce content-oriented consumer experiences on both the Open Web and within the dominant traditional ad platforms.
TBLA - Taboola.com Ltd
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