
Is Huntsman (HUN) stock Halal?
September 2026 AAOIFI screening result for Huntsman Corp. (HUN): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Huntsman Corp. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Huntsman is a global chemicals manufacturer, known for developing a broad range of chemical products used in various industrial and consumer applications. The company's operations span across the production of polyurethanes, performance products, textile effects, and advanced materials, serving diverse sectors such as automotive, construction, energy, and electronics. Huntsman Corporation's offerings are critical in enhancing product performance, providing solutions for insulation, coatings, adhesives, and more. Before any of that matters to a Muslim investor, one question comes first: is Huntsman stock Halal?
Is Huntsman Shariah compliant?
For a resources company like Huntsman, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does Huntsman pass the business activity test?
The activity screen is only part of the picture this month: Huntsman currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is Huntsman's income Halal?
Yes, within AAOIFI's tolerance. Huntsman's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Huntsman meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



