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
Pebble Beach Systems Group plc is a United Kingdom-based global software business company that specializes in playout automation, content management, and Internet protocol (IP) control solutions for the broadcast and streaming service markets. The Company is engaged in designing and delivering automation, integrated channel, and virtualized playout software solutions with scalable products designed for applications of all sizes. It is primarily focused on the sale and marketing of the Company’s software products and services. The Company’s solutions include Automation, Automation Lite, Integrated Channel, Virtualised Playout, Playout in a box, Pebble Remote, Pebble Control and Orchestration. In addition to playout automation, the Company’s other core software technology is the integrated channel solution. These solutions have been designed to support broadcasters and service providers in delivering their scheduled content in a reliable and secure way.
PEB - Pebble Beach Systems Group PLC
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