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
Shemaroo Entertainment Limited is an India-based entertainment company. The Company is engaged in the distribution of content for broadcasting on satellite channels, physical formats and digital technologies like mobile, Internet, broadband, IPTV and DTH among others. Its businesses include Broadcast, over the top (OTT), DTH, mobile application, movie production, syndication, inflight and studio. Its broadcast offers a range of genres, such as devotion, family drama, mythology, comedy and crime. Its DTH business provides premium content to approximately 25 DTH services on DTH platforms. It provides services across genres, including movies, devotion, comedy, kids and regional content. Its content is licensed by multiple television channels, including movies, news, kids and regional. It offers services, such as Digital Intermediate (D.I), Digital Restoration-Frame by Frame and Real Time, VFX, Telecine, Film Scanning, Film Grading and others to various content owners and distributors.
SHEM - Shemaroo Entertainment Ltd
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