Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
BlueRush Inc. is a Canada-based personalized video software as a service (SaaS) company. The Company develops and markets IndiVideo, a disruptive, interactive, personalized video platform that drives return on investment (ROI) throughout the customer lifecycle, from increased conversions to more engaging statements and customer care. IndiVideo enables the Company’s clients to capture knowledge and data from their customers’ video interaction, creating new and compelling data-driven customer insights. Its IndiVideo personalized video platform, enables sales, marketing, and communications teams to create, distribute and optimize videos at scale. The Company provides its services to various industries, including banking, mortgages, investment and retirement, insurance, healthcare, real estate, telecommunications, utilities, and marketing agencies. The Company operates through its wholly owned subsidiary, BlueRush Digital Media Corp.
BTV - BlueRush Inc
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