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
V R Films & Studios Limited is an India-based company, which is engaged in providing dubbing and film distribution solutions for the movie, television, OTT, education and digital industry. The Company has dubbing team comprising of writers, artists, directors, sound recording and mixing engineers across its75 dubbing studios in Mumbai, Chennai, Bengaluru and Kolkata. The Company has acquired films for the Indian sub-continent comprising of India, Bangladesh, Pakistan, Sri Lanka, Maldives, Nepal and Bhutan. It releases for each film on platforms like Theatrical, Satellite TV, VOD and Digital space in this whole region.
VRFI - VR Films & Studios Ltd
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