“…The spectral and composition dependence of MO effects and their intensities provide characteristic signatures on the electromagnetic (EM) waves or electronic and spin structure of materials [6] This makes them suitable for various analytical chemical methods such as visible or near-infrared magnetooptical spectroscopy [7], [8], [9] x-ray magnetic circular dichroism (XMCD) [10], [11], [12] Brillouin light spectroscopy (BLS) [13] in addition to applications such as optical isolators [14], [15], [16] , circulators [17], [18], [19] , spatial light modulators [20], [21], [22] , polarized microscopy [23], [24], [25] , sensing/imaging systems [26], [27], [28] , data storage [29], [30], [31], [32] and growing field of spintronics [33], [34], [35] .…”