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Note on Purification and Zakat
- 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
Cineworld Group plc is a United Kingdom-based cinema operator. The Company operates in the United Kingdom, Ireland, Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, Romania, Israel and the United States. The Company operates through three segments: the US; the UK&I and the ROW. The US segment includes the three cinema chain brands Regal, United Artists and Edwards Theatres. The UK&I includes two cinema chain brands, Cineworld and Picturehouse, which operate in the same territory with the same external regulatory environment and ultimately provide the same services and products. The ROW segment includes the cinema chain brands, Cinema City in Central and Eastern Europe territories, and Yes Planet and Rav-Chen in Israel. The ROW segment includes Poland, Romania, Hungary, the Czech Republic, Bulgaria, Slovakia and Israel. The Company operates in 10 countries, including the United States and the United Kingdom with 747 sites and 9,139 screens.
