I have a feeling it's worse than that. (I haven't rigorously perused the ToS, if I'm wrong please lmk.)
Let's say your friend John has an iPhone and saves your name and # in their contacts. One day John installs the Facebook app & opens it. John is not technical and when the app requests permissions he taps 'Allow'. At that point AFAICT there's nothing stopping Facebook from snagging your name & number and populating a ghost profile, or corroborating a real one.
In other words, if you've ever shared your phone number to someone who uses the Facebook app who doesn't dutifully and consistently reject permissions prompts, it's probably already too late.