9/28/2023 0 Comments What is the purify app![]() When a Shariah sensitive investor invests in this company and gets a dividend from this company, such dividends will have to be purified to the extent of 2% of the dividends received. Since the Shariah NOT compliant revenue is less than the 5% threshold, this company will be deemed Shariah compliant (assuming it passes the financial ratios). Revenue from Interest earned from car financing activity: $2Ī.Revenue from sales of cars : $98 (98%) – Shariah Compliant.ī.Revenue from Interest earned from car financing activity: $2 (2%) – Shariah NOT Compliant
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