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
VivoPower International PLC is a sustainable energy solutions company. The Company is focused on electric solutions for customized and ruggedized fleet applications, battery and microgrids, solar and critical power technology and services. The Company segments include Critical Power Services, Electric Vehicles, Sustainable Energy Solutions (SES), Solar Development and Corporate Office. Critical Power Services is represented by its wholly owned subsidiary Aevitas, which operate in Australia with a focus on the design, supply, installation and maintenance of critical power, control and distribution systems, including for solar farms. Electric Vehicles is represented by Tembo is a battery-electric and off-road vehicle company delivering electric vehicles for mining, infrastructure, utilities, government services, agriculture sectors and other rugged industrial customers globally. SES segment is engaged in designing, evaluation, sale and implementation of renewable energy infrastructure.
VVPR - VivoPower International PLC
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