unfortunately, i don’t know if they are losing influence, because popular apps like zoya, wahed or launchgood are pegging their zakat calculators to them. My main contention is when an interpretation of a rule leads to removing life saving contributions away from people who by definition, will be refugees, orphans, people in severe need, etc. The wealthiest people, including for muslims, own most of their wealth in stocks. cutting their zakat by 70% will have devastating impacts. I really hope the spread of this methodology stops right then and there.