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Saturday 20th, March 2010 -- 14:54 GMT
 Banking & Finance
GFH buys back Sukuk
Posted: 23-12-2009 , 07:59 GMT

Gulf Finance HouseGulf Finance House (GFH), the leading Middle Eastern Islamic investment bank announced Tuesday that it has bought back US$ 9 million of its sukuk during the 4th quarter of the year.

 

The US$200 million sukuk was issued on the 26th of July 2007 and the  outstanding sukuk balance currently stands at US$152.2 million, maturing on 26th July 2012.

© 2009 Mena Report (www.menareport.com)

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