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
Cinemark Holdings, Inc. is primarily engaged in providing motion picture exhibitions. The Company operates through two segments: U.S. markets and international markets. It operates approximately 518 theatres and 5,847 screens in the United States, and Latin America. Its United States circuit operates approximately 318 theatres and 4,399 screens and its Latin America circuit operates 200 theatres and 1,448 screens across 15 countries. It plays mainstream films from many different genres, such as animated films, family films, dramas, comedies, horror and action films. It offers content in both two-dimensional (2D) and three-dimensional (3D) formats in all of its theatres, and in many locations. It also offers a format that features motion seats and added sensory features. The Company has theatres in the United States, Brazil, Argentina, Chile, Colombia, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay.
CNK - Cinemark Holdings Inc
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