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
Gannett Co., Inc. is a subscription-led and digitally focused media and marketing solutions company. The Company’s segments include Gannett Media and Digital Marketing Solutions. The Gannett Media segment is comprised of core products over digital media brands, including USA TODAY, and its local property network in the United States (U.S.) and the United Kingdom. USA TODAY includes its sports network (owned and operated as well as affiliates) and Reviewed.com (an affiliate marketing). The Digital Marketing Solutions segment offers LOCALiQ, which is a cloud-based platform of products differentiated by its marketing automation and management tools, artificial intelligence bidding engines and omnichannel advertising optimization, and customizable reporting with integrated third-party platform data. It also produces niche publications that address local market interests, such as recreation, sports, healthcare, and real estate. It provides its solutions in approximately 43 states.
GCI - Gannett Co Inc
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