24.12.2009 - GFH buys back $9 mln of 2012 sukuk, eyes more
From Reuters: Islamic lender Gulf Finance House (GFH) said on Wednesday it has bought back $9 million of its $200 million sukuk maturing in 2012, and could buy more. "We see it as an opportunistic buy to support the sukuk holders and support the price," Mohammed al-Muqbel, head of treasury at GFH, told Reuters. GFH said the outstanding amount of the sukuk, or Islamic bond, was now $152.2 million.........................................Full Article: Source
Print