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
Liberty Broadband Corporation operates and owns interests in a range of communications businesses. The Company holds an interest in Charter Communications, Inc. (Charter) and its subsidiaries GCI Holdings, LLC (GCI Holdings). Its segments include GCI Holdings and Charter. Its GCI Holdings segment provides a range of data, wireless, video, voice, and managed services to residential, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It serves urban and rural Alaska utilizing a combination of fiber, microwave, and satellite technologies. Its statewide wireless network provides fifth generation (5G) data service, 4G Long Term Evolution (LTE) voice and data service, evolution data only (EVDO), 3G UMTS/HSPA+, 2G CDMA, and 2G GSM/EDGE service. Charter segment provides cable services in the United States, and offers a variety of entertainment, information and communications solutions to residential and commercial customers.
LBRDA - Liberty Broadband Corp
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