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
Shenandoah Telecommunications Company provides broadband services through its high speed, fiber-optic and cable networks to customers in the Mid-Atlantic United States. The Company’s Broadband segment provides broadband Internet, video and voice services to residential and commercial customers in portions of Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, through fiber optic services under the brand name of Glo Fiber and hybrid fiber coaxial cable under the brand name of Shentel. The Broadband segment also leases dark fiber and provides ethernet and wavelength fiber optic services to enterprise and wholesale customers throughout the entirety of its service area under the brand names of Glo Fiber Enterprise and Glo Fiber Wholesale. The Broadband segment also provides voice and data services to customers in Virginia’s Shenandoah County. Its Tower segment owns over 220 macro cell towers and leases colocation space on the towers to wireless communications providers.
SHEN - Shenandoah Telecommunications Co
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