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
Wilhelmina International, Inc. is engaged in fashion model management business. The Company operates through three divisions: fashion model and social media influencer management, celebrity management, and licensing and branding associations. Fashion model and social media influencer management division is focused on providing fashion modeling talent and social media influencer services to clients, such as advertising agencies, branded consumer goods companies, fashion designers, Internet sites, retailers, department stores, product catalogs and magazine publications. Celebrity management division secures endorsement and spokesperson work for celebrities from the worlds of sports, music and entertainment. The division works with emerging artists and established celebrity names to match them with fashion brands and companies. The licensing and branding associations division collects third-party licensing fees in connection with the licensing of the Company’s name.
WHLM - Wilhelmina International Inc
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