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User-supplied, documented inputs

Free Islamic Stock Purification Calculator

Estimate a dividend purification amount using a percentage you have verified with your fund provider or qualified adviser. This calculator does not screen stocks, certify compliance, or infer a religious obligation from accounting data.

Transparent arithmetic
No certification implied
100% Free

Calculate from a verified dividend purification ratio

Enter the portion to remove, not the percentage remaining after purification. No company or fund ratio is prefilled.

Dividend purification estimate

No calculation yet. Supply the applicable ratio and dividend amount; a missing ratio cannot be treated as zero.

Separate dividend purification from stock screening

Business-activity and financial-ratio screens address whether a security meets a particular methodology. Dividend purification addresses a portion of a distribution. Combining cash, investments and debt and dividing by assets does not establish the percentage of a dividend to purify.

The S&P Shariah Indices Methodology separates financial screening from dividend purification. Its purification calculation uses dividends and a non-permissible-income proportion. The ratio is not itself a compliance test.

The MSCI Islamic Index Series methodology, April 2024, section 2.3 describes an adjustment to dividends based on prohibited-activity and interest income. Its adjustment factor is the retained portion. If your document supplies a retained percentage, confirm the conversion to the portion removed before entering it here.

How to use a provider’s ratio

  1. Confirm that the guidance applies to your security and distribution period. A general company revenue field cannot identify all prohibited activities.
  2. Check whether the provider has already purified the distribution. Do not automatically deduct twice.
  3. Enter your dividend amount in one currency and the verified percentage to remove. Record the source and period.
  4. Review the multiplication and export a record. Apply any required rounding or payment instructions separately.

A hypothetical calculation

If dividends are 1,000 currency units and the verified percentage to remove is 2%, the estimate is 1,000 × 0.02 = 20 units. These are illustrative inputs, not a recommended rate for any company. Enter 2 in the percentage field, not 0.02.

What the result cannot establish

This is a manual worksheet, not a fatwa, Shariah certification, investment recommendation or zakat calculation. It does not decide the treatment of capital gains, verify your ratio, identify eligible charities, or make a payment. Methodologies and individual circumstances differ; obtain qualified guidance for those decisions.

No financial data is fetched by this calculator. Missing ratios remain unknown rather than becoming zero. Preserve the source document with the exported calculation so the chosen period and basis can be checked later.

Related Research Topics

Financial Scores

Financial-strength measures answer different questions from religious compliance.

Reference topic; no tool linked.

Key Metrics

Check definitions, periods and currencies before comparing company ratios.

Reference topic; no tool linked.

Dividends Company

Keep distribution statements and applicable provider guidance with your calculation.

Reference topic; no tool linked.

Frequently Asked Questions

Input requirements and the limits of this calculation.

    • What does this stock purification calculator calculate?

      It multiplies your dividend amount by a user-supplied purification percentage. It does not determine whether a stock is permissible or identify all non-permissible company income.

    • Where should I obtain the percentage?

      Use the current document for your fund, security and distribution period, or guidance from a qualified adviser. Check whether the number is a percentage to remove, an amount per share, or a factor to retain; these are not interchangeable.

    • Can I use a debt or cash ratio?

      No. A balance-sheet screening ratio is not a dividend purification percentage. This tool does not turn debt, cash or total assets into a donation rate.

    • Can I enter capital gains or calculate zakat?

      This worksheet is scoped to dividends. It does not calculate zakat or decide how capital gains should be treated. Follow the methodology applicable to your circumstances.

    • Does zero mean that no purification is required?

      Only an explicitly verified zero percentage yields a zero estimate. Missing data is unknown. A zero calculation does not certify the security as compliant.

    • Is the calculator free and does it fetch financial data?

      It is free to use without registration. Calculation runs in your browser from your inputs; this tool does not fetch financial statements or automatic Shariah ratings.

Document Your Chart Rules Before Testing

Pineify can help draft Pine Script for explicit technical rules. Review the generated code and available data before testing; its coding agent and stock research tools do not provide Shariah certification.

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