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
WELL Health Technologies Corp. is a Canada-based digital healthcare company. Its practitioner enablement platform offers digital healthcare solutions for medical clinics and healthcare practitioners worldwide, including digital Electronic Medical Records (EMR) software as a service (SaaS), practice management software, practitioner enablement tools, digital health apps that extend the features of EMRs, billing and Revenue Cycle Management (RCM) solutions, patient engagement technologies, clinic optimization tools, and cybersecurity solutions. It is also an outpatient medical clinic owner-operator and multi-disciplinary telehealth service provider in Canada. Its own clinic network, which is in both Canada and the United States (U.S), consists of outpatient medical clinics serving primary, secondary, diagnostic and executive healthcare services. The Company is also engaged in providing primary care clinics and cloud practices.
WELL - WELL Health Technologies Corp
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