CONX, a SPAC in its industry, shows critical non-compliance primarily due to an anomalously high interest income ratio of 323.59% of revenue, indicating significant riba exposure from investment activities. Debt and liquidity ratios are compliant at 0% and 4.59%, respectively, but the income impurity dominates assessments across standards. No inclusion in major Shariah indices underscores the non-compliant status, with business activities requiring further scrutiny post-merger. Purification requirements exceed 100%, suggesting full dividend ineligibility. Overall, this stock is unsuitable for Shariah-compliant portfolios without substantial restructuring.