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
Wejo Group Limited is engaged in providing connected vehicle data collection and utilization. It provides software and technology solutions to various multiple market verticals with services that utilize standardized connected vehicle and other value datasets, through its cloud software and analytics platform, Wejo Neural Edge. Wejo Neural Edge is a cloud-based software and analytics platform that makes accessing and sharing volumes of connected vehicle data easier, by simplifying data sets to maximize from connected vehicle data for drivers, vehicle manufacturers and other adjacent businesses. It has two primary business lines, Wejo Marketplace Data Solutions, and Wejo Software & Cloud Solutions. Wejo Marketplace Data Solutions utilizes ingested data from multiple sources that is transformed into standardized data set insight. Wejo Software & utilizes these same data sets to support design and development of solutions such as software platforms, software analytical tools, and others.
WEJO - Wejo Group Ltd
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