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
Urbanimmersive Inc. is a Canada-based company, which develops and markets real estate photography technologies and services. The Company is engaged in developing and commercializing immersive, which is a software as a service (SaaS) platform offering immersive marketing solutions, three-dimensional (3D) photographic equipment and photography services to professional photographers. Its segments include Software, Photographic Equipment and Services. The Software segment offers a SaaS marketing platform to professional photographers and other immersive visual content providers. The Photographic Equipment segment offers a resale service of 3D photographic equipment. The Service segment offers real estate photography and floor plans and measurement services. Its products and services include Print, Visual Media, Property Website, Floor Plan + and 3D Tour & Floor Plan. Through its HomeVisit printing facilities, it provides print solutions for real estate agents.
UI - Urbanimmersive Inc
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