GFH Financial Group has launched a $100 million Sukuk Fund that includes a diversified portfolio of Sukuk; After signing an agreement with Credit Suisse to provide attractive borrowing terms and fund management services.
According to a statement by the group, the fund includes a diversified sukuk portfolio that includes sovereign and quasi-sovereign sukuk, sukuk issued by companies, and sukuk-related securities from various countries and issuers, especially from the GCC countries. Gulf Cooperation Council, and all of these publications are compatible with the principles of Islamic Sharia.
GFH will generate returns in the Fund through active asset allocation, credit selection, optimal leverage and term management to achieve above-average long-term investment return on a rate basis. Risks.
Salim Bateel, Head of Asset Management at GFH, said: The market today is more prosperous with the recovery of the Gulf economies and the recovery of key sectors, as global borrowers in 2021 Issuing more than $23 billion in Sharia-compliant debt, the supply of global sukuk is expected to accelerate during the remainder of this year.
He explained that the GFH Sukuk Fund aims to benefit from growth and economic recovery in the post-pandemic stage.
GFH has a dedicated investment team with deep knowledge and extensive experience in managing the new investment fund, as our team has extensive experience in credit analysis and portfolio creation and has relationships with Strong market access to high-demand initial releases.
GFH was the winner of the Best Islamic Investment Bank award at the World Islamic Banking Conference 2019, and recently won the award for Best Islamic Investment Bank and Best Sukuk Deal of the Year in The Middle East and Africa region at the MEA Finance Awards in November 2021.
GFH's thoughtful approach to Islamic investment banking has been widely recognized globally over the past two decades.
