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
Videndum plc is a United Kingdom-based provider of branded hardware products and software solutions to the content creation market. The Company’s customers include broadcasters, film studios, production and rental companies, photographers, independent content creators (ICCs), vloggers, influencers, gamers, professional sound crews and enterprises. It operates through three divisions. The Media Solutions Division designs, manufactures and distributes branded equipment for photographic and video cameras, and smartphones. The Production Solutions Division designs, manufactures and distributes branded and technically advanced products and solutions for broadcasters, film and video production companies, and independent content creators and enterprises. The Creative Solutions Division develops, manufactures and distributes branded products and solutions for film and video production companies, independent content creators, gamers, enterprises (medical and industrial) and broadcasters.
VIDV - Videndum PLC
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