GFH to buy $200m sukuk from Al Rajhi
Bahrain-based GFH Financial Group has agreed to acquire sukuk worth $200 million from Al Rajhi Bank, Saudi Arabia’s second-biggest lender. A GFH statement yesterday said the Villamar Sukuk Company Limited Sharia-compliant sukuk certificates were issued in 2008 to finance the Villamar project in Bahrain Financial Harbour.
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Click here to read the full story: GDN Online