Tue, Jun 18, 2013
A A A
Welcome bhaimia
RSS

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

Deutsche converts $30 mln into GFH shares

Posted on 25 November 2009

From Reuters: German lender Deutsche Bank AG has converted a third of its $100 million convertible murabaha into shares of Gulf Finance House (GFH), the Bahrain-based Islamic investment house said on Tuesday.

Deutsche Bank has converted $30 million of the murabaha, an Islamic financing instrument, into 78,947,368 million shares, its said in a regulatory filing………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
June 2013
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930