ZoomerMedia Ltd

ZUM.CA

Not Compliant
Exchange
Sector
Headquarters
Group
Toronto Venture Exchange
Consumer Cyclicals
Canada
Micro cap

ZoomerMedia Ltd is not Shariah Compliant because of its involvement in Entertainment Production (NEC) and related activities.

0.04%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
$0
$0
$0
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-2.78%
-3.04%
-5.72%
0.93
0.93
0%

Shariah Compliance

  • Updated on September 12, 2024
Debt
100%
✗
Non-Compliant Assets
48.92%
✗
Impure Income
0.04%
✓

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
100%
✗
Impure Income
0.04%
✓

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
100%
✗
Impure Income
0.04%
✓

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
39.4%
✗
Cash
5.34%
✓
Cash & AR
17.23%
✓
Impure Income
0.04%
✓

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
39.4%
✗
Cash
5.34%
✓
Cash & AR
17.23%
✓
Impure Income
0.04%
✓

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
0.04%

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

ZoomerMedia Limited is a multimedia company engaged in creating content, services, and experiences for Canada’s audiences. Its segments include Television, Radio, Print, Membership & Royalty, Digital, and Other and Corporate operations. The Television segment consists of the specialty and conventional television stations (Vision TV, ONE TV, Joy TV in Vancouver, and FAITH TV in Winnipeg). The Radio segment consists of its four radio stations and is involved in the sale of advertising. The Print segment publishes ZOOMER magazine, On The Bay magazine and Tonic. The Membership & Royalty segment includes the operating activities of the Canadian Association of Retired Persons (CARP) as well as membership and marketing services to CARP. The Digital segment consists of the operations of the digital companies, FreshDaily, Buzz, Museland, Peak, and Curiocity and Titus. Other activities include the production of ZoomerShows, and other trade and consumer shows directed to the 45plus age group.

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