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
ZOO Digital Group plc is a United Kingdom-based company that provides cloud-based localization and digital media services to the global entertainment industry. The Company’s principal activities are engaged in the provision of a range of services to allow television and movie content to be localized in any language and prepared for sale with all online retailers. The Company operates through two segments: Media Production, which is engaged in the localization and media services, and Software Solutions. The Company provides media services through its platforms that include ZOOsubs, ZOOdubs and ZOOstudio. The Company’s services include dubbing, audio description, audio postproduction, subtitling, scripting, metadata localization, artwork localization, compliance, mastering and media services.
ZOO - Zoo Digital Group PLC
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