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
TOMI Environmental Solutions, Inc. is a bacteria decontamination and infectious disease control company. The Company provides environmental solutions for indoor air and surface decontamination through the manufacturing, sales, service and licensing of its SteraMist brand of products, including SteraMist Binary Ionization Technology (BIT). SteraMist is a patented technology that produces ionized Hydrogen Peroxide (iHP) using cold plasma science. BIT is a process that aerosolizes and activates a low concentration hydrogen peroxide solution. Its products and services include SteraPak, SteraMist Surface Unit, SteraMist Environment System, The SteraMist Total Disinfection Cart, SteraMist Select Surface Unit, iHP Plasma Decontamination Chamber, SteraMist Custom Engineered System (CES), Stainless Steel 90 Degree Applicator and others. The Company’s business is organized into five divisions: Healthcare, Life Sciences, TOMI Service Network, Food Safety and Commercial.
TOMZ - TOMI Environmental Solutions Inc
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