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
T-Mobile US, Inc. is a provider of mobile communications services, including voice, messaging and data, under its flagship brands, T-Mobile and Metro by T-Mobile, in the United States, Puerto Rico and the United States Virgin Islands. The Company provides mobile communications services primarily using its fourth generation (4G) long term evolution network and its fifth generation (5G) technology network. It also offers a selection of wireless devices, including handsets, tablets and other mobile communication devices, and accessories for sale, as well as financing through equipment installment plans and leasing through JUMP! On Demand. The Company’s primary service plan offers signature Magenta plan, which includes, among other benefits, unlimited talk, text and smartphone data on its network, 5G access at no extra cost. Customers can also choose additional features, such as unlimited premium data with its Ultra Capacity 5G service, for an additional cost on its Magenta Max plan.
TMUS - T-Mobile US Inc
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