Islamic Finance
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Bahrain's GFH plans $230m sukuk to fund acquisitions
The bank sold $170 million of convertible sukuk murabaha last year to raise money for the investments, Ahmed Khalil al-Mutawa said in an interview on the sidelines of an economic conference in Bahrain. The paper was converted into equity in the same year. In addition to the funds raised through…
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Click here to read the full story: Arabian Business