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
Rivalry Corp. is a sports betting and sports media company. The Company, through its subsidiaries, is engaged in offering fully regulated online wagering on esports, traditional sports, and casinos for the next generation of bettors. It holds a sports bookmaker license in Australia and an Internet gaming registration in Ontario and is presently in the process of obtaining additional country licenses. The Company also has a variety of originally developed products, including Quest, an on-site engagement experience, a first-party casino game called Rushlane, and a proprietary casino platform that houses third-party games, Casino.exe. The Company has launched its esports same-game parlay product, allowing users to combine multiple bets within a single esports match for a higher potential payout. The product feature, which is known as Same Game Combos on Rivalry, is available for top League of Legends, Counter-Strike, and Dota 2 esports matches. Its subsidiary is Rivalry Limited.
RVLY - Rivalry Corp
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