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
Silly Monks Entertainment Limited is an India-based digital content publishing, distribution and entertainment company. The Company is engaged in the business of motion picture, radio, television and other entertainment activities. The Company’s products and services include digital media publishing, movie/series/ content production, audio-video content syndication and distribution, celebrity management, and marketing and promotion. The Company publishes its content, such as movies, music, short films, short videos, Web series and creator videos on various platforms, which include YouTube, Facebook, Amazon and other over-the-top (OTT) platforms. It also publishes its content through mobile value-added services (VAS) medium.
SILL - Silly Monks Entertainment Ltd
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