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
Deezer SA, formerly known as I2po, is a France-based in on-demand audio streaming company. The Company offers independent music streaming platforms with access to a catalogue of more than 90 million tracks available in 180 countries. It provides access to lossless HiFi audio, recommendation technology and other features. The Company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. It also offers news, entertainment and sport podcasts, via their laptops, tablets, smartphones, smart televisions and their wireless systems.
DEEZR - Deezer SA
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