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
Voxtur Analytics Corp. is a Canada-based real estate technology company. It provides technology solutions to the valuation industry by way of its Voxtur Anow platform with Appraisal Direct, Voxtur Connect, Voxtur Data Collection and Walkthrough application, Voxtur ReportsNow and Apex Sketch. Appraisal Direct is an appraisal management rules-based engine that connects lenders directly to valuation professionals. Voxtur Connect is a business management and workflow tool for lenders to manage multiple appraisal management companies. Voxtur Data Collection and Walkthrough application is a Web-based data collection tool. Voxtur ReportsNow is an automated rules-based report builder that assists valuation professionals in generating comprehensive valuation reports. Apex Sketch is a software application that creates exterior and interior floorplan sketches. Its products include mortgage asset trading, property valuation solutions, title and settlement services and property tax solutions.
VXTR - Voxtur Analytics Corp
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.