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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

GFH confirm early receipt of $150mln rights issue capital

Posted on 26 October 2009

From Muslims.net: Gulf Finance House , the leading Middle Eastern Islamic investment bank confirmed today it has already received in excess of US$150 million from investors in its rights issue.
The announcement comes with a week still to run in the capital raising initiative and just days after GFH Group CEO Ahmed Fahour confirmed approximately US$100 million in commitment offers in a press conference at the Bank’s Bahrain headquarters……………………..Full Article: Source

 
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