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
Brightcove Inc. is a provider of cloud-based streaming services. The Company offers six video products, which include Brightcove Video Cloud, Brightcove Live, Brightcove Beacon, Brightcove Player, Zencoder and Brightcove Audience Insights. Brightcove Video Cloud is an online video platform that enables its customers to distribute video to Internet-connected devices. Brightcove Live is a solution for live streaming. Brightcove Beacon is an application that enables companies to launch over-the-top across devices. Brightcove Player is a cloud-based technology for creating and managing video experiences. Zencoder is a cloud-based video encoding technology. Brightcove Audience Insights is a business intelligence platform specifically designed for video businesses. It has approximately 2,845 customers in over 60 countries, including media companies, broadcasters, publishers, sports and entertainment companies, hospitality brands, retail and e-commerce platforms, and hi-tech organizations.
BCOV - Brightcove Inc
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