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Islamic Finance Briefing - Categorized | Finance, Investment more

GFH eyes 40 pct income from investment management

Posted on 29 October 2009

From Reuters: Bahrain-based Islamic lender Gulf Finance House (GFH) wants between 30 to 40 percent of its revenues to come from its investment management division, the chief executive of the unit said.

The lender is trying to diversify its revenue stream by expanding its asset management and entering investment banking advisory services through a joint venture under discussion with Australia’s Macquarie Group ……………………..Full Article: Source

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