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
Tinkerine Studios Ltd. is a designer, producer, and distributor of three-dimensional (3D) printers, with its software and learning through Tinkerine. It operates through the sale of 3D printers and provision of related services segment. Its products include DittoPro 3D Printer, Premium PLA Filament and Tinkerine Suite. Its other products include Tinkerine Cloud and 3D Printing Accessories. It offers hardware, software, business development, marketing, and financial advisory services to clients. It provides online educational content on design, printing, and software. Its design class includes reverse engineering. Its printing classes include 3D Printing + Traditional Manufacturing Methods, TinkChat: 3D Printing Applications Across Industries, TinkMakes: Learning by Tinkering, and What is 3D Printing: An Intro to Additive Manufacturing. Its software classes include Intro to Onshape and Let’s Learn: Tinkercad. It distributes 3D printers in Canada, the United States, and the APAC region.
TTD - Tinkerine Studios Ltd
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