Is Andretti Acquisition Corp. II halal to invest in?

According to Musaffa's Shariah screening methodology, Andretti Acquisition Corp. II (POLE) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Andretti Acquisition Corp. II a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Andretti Acquisition Corp. II using these criteria to determine its compliance status.

Can Muslims buy shares of Andretti Acquisition Corp. II?

Muslim investors may consider investing in Andretti Acquisition Corp. II if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Andretti Acquisition Corp. II classified as NOT HALAL?

Musaffa determines the Shariah status of Andretti Acquisition Corp. II by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Andretti Acquisition Corp. II updated?

The Shariah compliance status of Andretti Acquisition Corp. II may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Andretti Acquisition Corp. II become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Andretti Acquisition Corp. II?

You can check the latest Shariah compliance status of Andretti Acquisition Corp. II on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

POLE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 25, 2026

Report Source: 2025 Annual Report

Andretti Acquisition Corp. II. Stock Analysis POLE

United States N/A Small Cap Report: 2025 Annual

Andretti Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company is headquartered in Indianapolis, Indiana and currently employs 2 full-time employees. The company went IPO on 2024-09-06. The firm is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The firm had not selected any specific Business Combination target, and the Company had not, nor had anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial Business Combination with the Company. The firm has neither engaged in any operations nor generated any revenues.

Key Statistics of Andretti Acquisition Corp. II (POLE)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$10.70$10.71

Today's Open

$10.70

Volume

6295.00

P/E Ratio (TTM)

37.85

52 Week Range

$10.24$10.90

Market Cap

315.46M

Avg. Volume

21.74K

Dividend Yield

Financial Metrics & Statements of Andretti Acquisition Corp. II (POLE)

FAQ's for Andretti Acquisition Corp. II (POLE)

According to Musaffa’s Shariah screening methodology, Andretti Acquisition Corp. II (POLE) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.