Invest Green Acquisition Corporation (IGACR) is a blank check company (SPAC) in the Financial Services sector, seeking mergers in green investments. Financial screening shows low debt (28%) compliant with thresholds, but high liquidity (68%) from interest-bearing trust accounts exceeds limits, indicating riba exposure. Business activities involve speculative mergers with gharar elements, leading to non-compliance. No non-permissible income identified, but insufficient operational data. Excluded from all Shariah indices due to SPAC structure; post-merger review recommended.