Purify Your Dividends
Investments in the modern world are rarely 100% pure. Calculate what you owe to keep your earnings blessed.
Dividend Purifier
Calculate the "Haram" portion of your investment income.
Use an app like Zoya or check the fund's report for the exact 'Impure Income' ratio.
The 5% Rule & AAOIFI
For a company to be considered "Shariah Compliant", it must pass financial screens (Debt < 30%, etc.). However, it may still have a small amount of non-compliant income (e.g. 3%).
AAOIFI Standard 21 states that the shareholder is responsible for purifying their share of this income by donating it.
"Purification is required only for dividends, not capital gains." — Common Scholar Consensus.
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How to find the Ratio?
Use an App: Zoya, Islamically, and Wahed provide the exact "Purification" percentage for each stock.
Check Annual Reports: Look for "Interest Income" or "Non-operating income" in the company's 10-K report.
Safe Estimate: If unsure, many scholars allow a flat 5% donation as a precaution for general S&P500 companies.
Don't forget Zakat!
Purification cleans the money coming in. Zakat cleans the money you hold. You need to do both.
Go to Zakat Calculator →