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BFAC – Battery Future Acquisition Corp

Not Compliant

Battery Future Acquisition Corp is not Shariah Compliant because of its involvement in Shell Companies and related activities.

Battery Future Acquisition Corp. is a blank check company. The Company is formed for the purpose of entering a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. It intends to focus its efforts on industries spearheading the shift from fossil fuels to electrification, including companies in the battery value chain from the mine site to end user to after-life battery and component recycling. The Company has not commenced any operations nor generated any revenues.

AAOIFI ✗

Debt ÷ Market cap (MC)0
Non-Compliant Assets ÷ MC81.39