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
Table Trac, Inc. designs, develops and sells casino information and management systems. It has developed an information and management system called Table Trac system that automates and monitors the operations of casino table game operations. In addition to its table games management system, the Company adds functionality to related casino system module for guest rewards and loyalty club, marketing analysis, guest service, promotions, administration/management, vault/cage management and audit/accounting task. Aggregated together, all of these modules become the Casino Trac product, Casino Management System (CMS). Its system sales include installation, custom casino system configuration and training. The Table Trac system is designed to provide operators with a system that can interconnect and operate with third-party software or hardware. Its products and services include modules designed to drive player tracking programs and kiosk promotions, as well as vault and cage controls.
TBTC - Table Trac Inc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.