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
Trigyn Technologies Limited is engaged in the business of providing information technology (IT) solutions, staffing, consulting, systems integration, managed services, software development, maintenance, and other services. It operates in one reportable segment, being Communications and information technology staffing support services. The Company provides a range of solutions, such as blockchain solutions, digital learning, IT Solutions, intelligent video analytics, smart cities, and Internet of things (IoT), and vaccination management. It offers a range of services, such as big data analytics, cloud services, development and maintenance, digital experience, enterprise digitalization, infrastructure services, Medicaid services, and staffing and consulting. Its blockchain solutions offers security by encrypting all data and eliminating vulnerability points targeted by cybercriminals. It serves various industries, such as education, financial services, and healthcare.
TRIG - Trigyn Technologies Ltd
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