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
Kuuhubb Inc. is a Canada-based mobile game development and publishing company. The Company’s principal business is to acquire, develop and distribute a portfolio of products in the digital entertainment space. The Company focuses on mobile game applications for the female audience. The Company provides a variety of games including TILES & TALES, Recolor, Recolor by numbers, MYHOSPITAL, and DANCING DIARIES. The TILES & TALES game is a match three puzzles game. The Recolor game is a coloring book with pictures every day. The MYHOSPITAL designs, manage and maintain medical center. In dancing diaries, the player takes a role as a manager of a female dance, whom they lead through a dance career from their dance steps to performing in tournaments around the world. The Company is targeting global audience with a focus on the United States and Asian markets. Its subsidiaries include Kuuhubb Oy, Kemojo Kuuhubb Studios Inc., Neybers AB, Recolor Oy, and Kuuhubb AG.
KUU - Kuuhubb Inc
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