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
Entravision Communications Corporation is an advertising solutions, media and technology company. The Company operates through three segments: digital, television and audio. Its digital segment, whose operations are primarily located in Latin America, Europe, the United States, Asia and Africa, reaches a global market, with a focus on advertisers in emerging economies that wish to advertise on digital platforms owned and operated primarily by global media companies. The Company’s television segment owns and/or operates approximately 49 primary television stations located primarily in California, Colorado, Connecticut, Florida, Kansas, Massachusetts, Nevada, New Mexico, Texas and Washington, D.C. Its audio segment owns and operates approximately 45 radio stations, including 37 FM and 8 AM located primarily in Arizona, California, Colorado, Florida, Nevada, New Mexico and Texas. Its digital audio business provides digital audio advertising solutions for advertisers in the Americas.
EVC - Entravision Communications Corp
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