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
Huntsman Corporation is a manufacturer and marketer of differentiated and specialty chemicals. The Company’s segments include Polyurethanes, Performance Products, and Advanced Materials. Polyurethanes product segment includes methylene diphenyl diisocyanate, polyols, thermoplastic polyurethane and other polyurethane-related products. Performance Products segment includes Specialty amines, ethyleneamines, maleic anhydride and technology licenses. Its amines are a family of intermediate chemicals, and maleic anhydride is an intermediate chemical used primarily to produce unsaturated polyester resins. Its Advanced Materials segment includes technologically- advanced epoxy, phenoxy, acrylic, polyurethane and acrylonitrile-butadiene-based polymer formulations, and high-performance thermoset resins and curing agents and toughening agents and carbon nanotubes additives. It operates over 60 manufacturing, research and development (R&D), and operations facilities in approximately 30 countries.
HUN - Huntsman Corp
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