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
Wildsky Resources Inc. is a Canada-based company focusing on the acquisition, exploration, and development of mineral properties in Africa. The Company, through its subsidiary in Nigeria, holds three Niobium-Tantalum Exploration Licenses in Nigeria that encompass a total area of approximately 474 square kilometers. Its Nasarawa Nb-Ta Project is located in Nasarawa State in central Nigeria, approximately 88 kilometers (km) southeast of Abuja, the capital city of Nigeria, and about 65 km west of the state capital Lafia. It is covered by three mineral claims, including the Erigo Property (EL 29624), the Udegi Property (EL 29625), and the Akewa Property (EL 29626), with a total area of approximately 47,400 hectares. The Nasarawa Nb-Ta Project carries the Sn-Nb-Ta mineralization.
WSK - Wildsky Resources 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.