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
ZoomInfo Technologies Inc., through its subsidiaries, provides a go-to-market intelligence and engagement platform for sales and marketing teams. Its cloud-based platform delivers intelligence and analytics to provide sales, marketing, operations, and recruiting professionals’ information and insights on the organizations and professionals they target. It delivers an artificial intelligence (AI) and machine learning (ML) powered engine that gathers data from millions of sources and standardizes, matches to entities, verifies, cleans, and applies the processed data to companies and people at scale. It aggregates and extracts distinct types of data, such as revenue, locations, technologies, keywords, contact information, including email addresses, titles, and phone numbers, and many others, from various public and proprietary sources. It serves various industry verticals, including software, business services, manufacturing, and telecommunications.
ZI - Zoominfo Technologies Inc
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