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
Thunderbird Entertainment Group Inc. is a Canada-based full-service, multi-platform media production, distribution and rights management company. The Company develops, produces, and distributes film and television programming for the domestic and international markets through its wholly owned subsidiaries, including Thunderbird Entertainment Inc., Great Pacific Media Inc., and Atomic Cartoons Inc. The Company’s business operates primarily through one operating segment being film and television production and distribution. Its programs cover multiple genres with a focus on children’s productions, scripted comedy, scripted drama, and unscripted (factual) content. It develops and produce a diversified portfolio of animated, factual, and scripted content through Atomic Cartoons, Thunderbird Scripted and Great Pacific Media for broadcasters, over-the-top (OTT) platforms and cable channels worldwide. The Company also acquires, licenses and merchandises distribution rights.
TBRD - Thunderbird Entertainment Group Inc
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