Islamic Finance
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GFH wins investors' approval for $500m sukuk
Bahrain-based GFH Financial Group said it has won approval from shareholders to issue sukuks (Islamic bonds) worth $500 million in one or more issuances, subject to obtaining relevant regulatory approvals. The announcement was made today (December 29) at the end of the GFH's Ordinary General Meeting (OGM) which was held…
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