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
VIZIO Holding Corp. is engaged in delivering entertainment and lifestyle enhancements that make its products the center of the connected home. The Company operates through two segments: Device and Platform+. The Device segment offers a range of Smart televisions (TVs) designed to address specific consumer preferences, as well as a portfolio of sound bars that deliver audio experiences. Its collection of soundbars delivers the home theater experience. Platform+ segment is comprised of SmartCast, the Company’s Smart TV operating system that enables its fully integrated entertainment solution, and Inscape, which powers its data intelligence and services. SmartCast delivers an array of content and applications through an easy-to-use interface. It supports many streaming applications, such as Amazon Prime Video, Apple TV+, discovery+, Disney+, HBO Max, Hulu, Netflix, Paramount+, Peacock, and YouTube TV, and hosts its own free, advertising-supported application, WatchFree+.
VZIO - Vizio Holding Corp
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