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
Tronox Holdings PLC is a producer of titanium products, including titanium dioxide pigment, specialty-grade titanium dioxide products and high-purity titanium chemicals, and zircon. The Company is a vertically integrated manufacturer of titanium dioxide (TiO2) pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia and South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. The Company has nine pigment facilities located in the United States, Australia, Brazil, United Kingdom, France, the Netherlands, China and the Kingdom of Saudi Arabia (KSA). The Company’s products include TiO2 Pigment, Ultrafine Specialty TiO2, Zircon, High Purity Pig Iron, Monazite, Feedstock and Titanium Tetrachloride.
TROX - Tronox Holdings PLC
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