GAQ – Generation Asia I Acquisition Ltd

Not Compliant

Generation Asia I Acquisition Ltd is not Shariah Compliant because of its involvement in Shell Companies and related activities.

Generation Asia I Acquisition Ltd is a blank check company principally incorporated for purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s main target is to pursue prospective targets in the technology, media and telecommunications (TMT), business services and consumer sectors although there is no restriction or limitation on industry or geographic region.

AAOIFI ✗

Debt ÷ Market cap (MC)0.59
Non-Compliant Assets ÷ MC49.24
Impure Income (incl. Interest)82.09
Impure Income%
Interest Income82.09%
Total82.09%

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