Albilad Capital says Alamar shares compliant with Shariah

Logo of Alamar Foods Co.

Shares of Alamar Foods Co. are classified as compliant with Shariah, with a purification rate of 0.0002, Albilad Capital said on its Twitter account.

Retail investors started, on July 20, subscription to 1.06 million shares of Alamar, or 10% of total shares offered, at SAR 115 each, set by the book-building process. The two-day offering will end today, July 21, according to data compiled by Argaam.