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
Panorama Studios International Limited is an India-based company, which is involved in the production and distribution of media entertainment and content. It is a producer of Bollywood films. The Company is engaged in the business of entertainment, film distribution, media, and film production business. The Company’s subsidiaries include Panorama Studios Private Limited, Panorama Studios Distribution LLP, Brain on Rent LLP and Panorama Music Private Limited.
PANM - Panorama Studios International Ltd
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