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
Voyageur Pharmaceuticals Ltd. is a Canada-based company that designs carbon-neutral pharmaceutical manufacturing plants with a carbon credit de-carbonization strategy for customers. The Company is focused on the development of barium, iodine and carbon active pharmaceutical ingredients (API) and high-performance imaging contrast agents for the medical imaging marketplace. The Company owns a 100% interest in three barium sulfate (barite) projects, including the Frances Creek property, suitable in grade for the pharmaceutical marketplace, with additional interests in a high-grade iodine, lithium & bromine brine project located in Utah, United States of America. The Company’s product pipeline includes SmoothX 2.0%, MultiX Thick, MultiX Thin, HDX, LDX, VY-101, and VY-103.
VM - Voyageur Pharmaceuticals Ltd
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.