GFH buys back Sukuk

Published December 23rd, 2009 - 07:59 GMT

Gulf 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.