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
Beasley Broadcast Group, Inc. is a multi-platform media company. The Company’s primary business is operating radio stations throughout the United States. It offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company’s segments include Audio and Digital. It also operates an esports segment. It also owns the Houston Outlaws, an esports team. The Company owns and operates radio stations in various radio markets, including Atlanta, Augusta, Boston, Charlotte, Detroit, Fayetteville, Fort Myers-Naples, Las Vegas, Middlesex, Monmouth, Morristown, Philadelphia, Tampa-Saint Petersburg, and Wilmington. The Company owns approximately 61 amplitude modulation (AM) and frequency modulation (FM) stations in 14 large- and mid-size markets in the United States. Its subsidiaries include Beasley Mezzanine Holdings, LLC; Beasley Media Group, LLC, and OutlawsXP, Inc.
BBGI - Beasley Broadcast Group Inc
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