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
VirTra, Inc. is a provider of training simulators and firearms training simulators for the law enforcement, military and commercial markets. The Company’s patented technologies, software and scenarios provide training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. Its firearms training simulator allows marksmanship and realistic scenario-based training to take place on a daily basis without the need for a shooting range, protective equipment, role players, safety officers, or a scenario-based training site. It has developed a range of simulation training including capabilities, such as multi-screen, video-based scenarios, scenario authoring ability, superior training scenarios, Threat-Fire shoot-back system, gas-powered simulated recoil weapons and other. Its simulator products include V-300 Simulator, V-180 Simulator, V-100 Simulator & V-100 MIL, V-Author, and others.
VTSI - VirTra 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.