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
Mirada plc is a United Kingdom-based provider of integrated software and solutions for digital television (TV) operators and broadcasters. The Company provides Iris product, which is a multiscreen solution. Iris is its advanced multiscreen platform that enables operators to deliver their content with a seamless user experience across all devices: smartphones, tablets, set-top boxes, smart TVs, game consoles and more. Iris provides pay TV operators with an advanced platform composed of front- and back-end applications to engage subscribers with the ultimate viewing experience anytime, anywhere and on any platform. The Company provides the technology needed to facilitate the final user’s interaction across many devices, including digital TV decoders (set-top boxes), tablets, smartphones, computers, game consoles and smart TVs. The Company has offices in Exeter, United Kingdom; London, United Kingdom; Madrid, Spain; Castellon, Spain, and Mexico City, Mexico.
MIRA - Mirada PLC
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