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
Viva Gold Corp. is a Canada-based gold exploration and development company. The Company is engaged in the acquisition, exploration, and development of precious metal properties. The Company is advancing its Tonopah Project, located in the Walker Lane Trend in Western Nevada. The Tonopah property is located approximately 30 kilometers (km) northeast of Tonopah, Nevada and 30 miles south of Round Mountain. It consists of approximately 513 unpatented mineral claims, totaling 10,250 acres, that are located in the Ralston Valley, on the northeast side of the San Antonio Mountains in the Walker Lane structural trend of west-central Nevada.
VAU - Viva Gold Corp
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