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
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices. The Company offers a range of alternating current (AC) and direct current (DC) power conversion products. It also provides products addressing other DC voltage standards. The Company categorizes its offerings as Advanced products and Brick products. Its Advanced products category consists of products which are used to implement its proprietary distribution architecture, Factorized Power Architecture (FPA), a power distribution architecture enabling flexible, rapid power system design using individual components optimized to perform a specific conversion function. The Company’s Brick-format converters provide the integrated transformation, rectification, isolation, regulation, filtering, and/or input protection necessary to power and protect loads, across a range of conventional power architectures.
VICR - Vicor Corp
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