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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

GFH in talks over $100mln placement

Posted on 05 November 2009

From Gulf-daily-news.com: Bahrain-based Gulf Finance House (GFH) is in advanced talks with banks to place a $100 million convertible Islamic instrument and plans to launch a new bank in the region, its chief executive said yesterday.

“We’re in advanced conversations with more than one party,” Ahmed Fahour said………………………Full Article: Source

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