Blue Ant Media Corporation

BAMI.TO

Not Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro Cap

Blue Ant Media Corporation is not Shariah Compliant because of its involvement in Movie, TV Production & Distribution0/5> and related activities.

1.13%

Impure Income*

$0.023

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
BUY
$10.55
2
21.69%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0.00%
0.00%
0.00
0.00
0.00%

Shariah Compliance

Debt
17.46%
Non-Compliant Assets
9.41%
Impure Income
1.13%

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
45.13%
Impure Income
1.13%

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
40.77%
Impure Income
1.13%

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
7.15%
Cash
11.72%
Cash & AR
37.16%
Impure Income
1.13%

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
7.15%
Cash
11.72%
Cash & AR
37.16%
Impure Income
1.13%

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
1.13%

Note on Purification and Zakat:

  • 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

Blue Ant Media Corporation is a Canada-based international streamer, production studio, and rights-management business. The Company operates a diverse portfolio of free streaming and pay TV channels internationally, including Love Nature, Cottage Life, Smithsonian Channel Canada, BBC Earth Canada, HauntTV, Homeful, and Love Pets, as well as the global SVOD service MagellanTV. Its studio business produces and distributes a wide range of premium content across key genres for streaming and broadcast platforms worldwide. MagellanTV is a digital streaming company that delivers factual content to consumers across the globe. MagellanTV is a Subscription Video on Demand (SVOD) platform, as well as Advertising-based Video on Demand (AVOD) and Free Ad-Supported Streaming Television (FAST) channels, broadening the Company’s reach and monetization across multiple distribution windows. It has a presence across Los Angeles, New York, Miami, Singapore, London, Washington, Sydney, Halifax and Ottawa.

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