GFH Financial Group lists $300m Sukuk on Nasdaq Dubai – Gulf Today

GFH Financial Group lists $300m Sukuk on Nasdaq Dubai – Gulf Today

Jassim Alseddiqi, Chairman of GFH Financial Group (GFH), rang the market opening bell on Tuesday at Nasdaq Dubai to celebrate the listing of the Group's $300 million Sukuk on the region's international exchange.. The capital raised supports the expansion of Bahrain-based GFH's activities, enhancing the financial position of the Group and funding its next phase of growth.. Essa Kazim, Governor of DIFC, Secretary General of Dubai Islamic Economy Development Centre (DIEDC) and Chairman of Dubai Financial Market (DFM), said: "This listing by GFH Financial Group, one of the region's most prominent institutions, further strengthens the longstanding ties between the capital markets of Bahrain and Dubai.. Trading the futures enables investors to take positions on price movements in the company's shares listed on Dubai Financial Market.. Delivering the most sophisticated transaction automation products and FinTech solutions in the market, Marshal's clients include the region's largest payment gateways and financial institutions including Network International, National Bank of Abu Dhabi, Mashreq Bank, CrediMax and National Bank of Bahrain, to name a few..