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
Matrimony.com Limited is an India-based company, which offers online matchmaking services on Internet and mobile platforms. The Company delivers its services online through domain-specific Web portals. It offers membership subscription, assisted matrimonial service fees and online advertising packages. It is also involved in marriage services, such as Mandap & Wedding Bazaar, which is a Website for matrimony-related directory services, including listings for wedding related services, such as wedding planners, venues, cards and caterers. The Company has two segments. Matchmaking services segment offers online matchmaking services on Internet and mobile platforms. Its matchmaking services are delivered to users in India and the Indian diaspora through websites, mobile sites and mobile applications complemented by an on-the-ground network in India. Marriage services segment offers marriage services consisting of WeddingBazaar services, MatrimonyMandap services and Photography services.
MATI - Matrimony.Com Ltd
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