Purification is the process of calculating and donating the share of dividend income that comes from non-compliant activity. The ratio moves every quarter because the underlying company revenues move.
All holdings in SPUS and SPTE have been reviewed and remain compliant under AAOIFI standards. The purification ratio for the first quarter has been calculated at 0.33 percent of dividend income.
How Dividend Purification Works, and Why the Ratio Changes
Purification is the process of calculating and donating the share of dividend income that comes from non-compliant activity. The ratio moves every quarter because the underlying company revenues move.
Read article →Quarterly Sharia Compliance Review, Q1 2026
All holdings in SPUS and SPTE have been reviewed and remain compliant under AAOIFI standards. The purification ratio for the first quarter has been calculated at 0.33 percent of dividend income.
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