GFH Financial Group B.S.C.

Logotype for GFH Financial Group B.S.C.
Ticker/ISIN
GFH
BH000A0CAQK6
Market/Country
Dubai Financial Market
United Arab Emirates

About GFH Financial Group B.S.C.

Country of Origin: Kingdom of Bahrain

GFH Financial Group B.S.C. has been establishment in 1999 in the Kingdom of Bahrain as an Islamic Wholesale Bank licensed by Central Bank of Bahrain. GFH is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record in Investment Management;  Commercial Banking; and Treasury & Proprietary Investments across the GCC, with strategic investment in the US, Europe and UK. Headquartered in Bahrain, GFH’s innovative approach to Islamic investment banking services has been recognized internationally for over a decade. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX).

Latest Pressrelease Summaries from GFH Financial Group B.S.C.

GFH Financial Group B.S.C. announced that it has purchased 950,000 of its own shares, also known as treasury shares. This acquisition increases the total number of treasury shares from 195,826,941, which represented 5.11% of the total issued shares, to 196,776,941, now representing 5.13% of the total issued shares, as of April 18, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The purchase was completed on April 18, 2025, at an average price of 0.2892 USD per share, accounting for 0.025% of the issued capital. There are 186,482,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that it has purchased 1,500,000 treasury shares, increasing its total treasury shares from 194,326,941 (5.07% of total issued shares) to 195,826,941 (5.11% of total issued shares) as of April 17, 2025. The decision to purchase was made by the company's board of directors on March 24, 2025, and approved by the relevant authority on February 16, 2025. The shares were purchased at an average price of 0.2909 USD, representing 0.039% of the issued capital. There are 187,432,442 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C. announced that it has purchased 900,000 of its own shares, increasing its total treasury shares from 193,426,941 (5.05% of total issued shares) to 194,326,941 (5.07% of total issued shares) as of April 16, 2025. The board of directors made the decision to purchase on March 24, 2024, and the purchase was approved by the relevant authority on February 16, 2025. The average purchase price was 0.2971 USD per share, with the purchased shares representing 0.023% of the issued capital. There are 188,932,442 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On April 15, 2025, GFH Financial Group B.S.C. announced the purchase of 5,971,077 treasury shares, increasing its total treasury shares from 187,455,864 to 191,296,941. This raised the percentage of treasury shares from 4.89% to 4.99% of the total issued shares. The decision to purchase these shares was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.2953 USD per share, representing 0.156% of the issued capital. There are 191,962,442 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. have mutually agreed to terminate discussions regarding the acquisition of Ithmaar’s financing and investment portfolios. This decision follows preliminary due diligence and discussions, as the requirements for completing the acquisition were not met. There is no expected financial impact from this termination. Previous related disclosures were made on several dates in 2024, detailing the progress of these discussions. The announcement was made by Mariam Jowhary, Head of Compliance and AML at GFH.
GFH Financial Group B.S.C. announced that it has purchased 100,000 of its own shares (treasury shares), increasing the total number of treasury shares from 187,355,864 to 187,455,864, which still represents 4.89% of the total issued shares as of April 13, 2025. The decision for this purchase was made by the company's board of directors on March 24, 2024, and was approved by the relevant authority on February 16, 2025. The purchase was made at an average price of 0.2880 USD per share, accounting for 0.003% of the issued capital. There are 195,803,519 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering.
GFH Financial Group has announced the purchase of 716,000 treasury shares, increasing its total treasury shares from 186,639,864 (4.87% of the total issued shares) to 187,355,864 (4.89% of the total issued shares) as of April 11, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2025, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.2854 USD per share, representing 0.019% of the issued capital. There are 195,903,519 shares remaining available for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group announced that it has purchased 183,364 of its treasury shares, increasing its total treasury shares from 186,456,500 to 186,639,864, which still represents 4.87% of the total issued shares as of April 10, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2025, and was approved by the relevant authority on February 16, 2025. The average purchase price was 0.2920 USD per share, and the purchased shares account for 0.005% of the issued capital. There remain 196,619,519 shares available for future purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: GFH Top's Honors from Forbes and Global Finance

GFH Financial Group B.S.C. announced on June 6, 2024, that it has received significant recognition for its exceptional performance in the financial sector. The company secured the 5th position in Forbes' Top 30 Asset Managers 2024 list and was named the World's Best Islamic Investment Bank by Global Finance for the second consecutive year. The announcement was made by Mariam Jowhary, Head of Compliance and AML, with no expected financial impact reported.

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Arqam Coverage report on GFH

On June 6, 2023, GFH Financial Group B.S.C. announced that Arqaam Capital has issued an analyst coverage report on GFH shares. The report, which is attached to the announcement, includes recommendations, estimates, forecasts, and opinions provided by third-party analysts. These recommendations are for informational purposes only and represent the analysts' views. They do not constitute financial advice or endorsements by GFH Financial Group. The recommendations are subject to continuous review and may change. There is no expected financial impact from this announcement. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Credit Rating

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

GFH Financial Group has announced the acquisition of 9,890,113 of its own shares (treasury shares) as of May 31, 2024. This purchase increases their total treasury shares from 199,863,664 (5.21% of the total issued shares) to 209,753,777 (5.47% of the total issued shares). The decision was made by the board of directors on March 24, 2024, and approved by the relevant authority on May 29, 2024. The average purchase price was 0.3050 USD per share. There are 173,505,606 shares remaining available for purchase. Mariam Jowhary, Head of Compliance & AML, signed the announcement.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

GFH Financial Group B.S.C. announced the purchase of 11,949,000 treasury shares, increasing its total treasury shares from 187,914,664 (4.90% of total issued shares) to 199,863,664 (5.21% of total issued shares) as of May 30, 2024. The board of directors decided on the purchase on March 24, 2024, and it was approved by the relevant authority on May 29, 2024. The average purchase price was 0.2989 USD per share, and the purchased shares represent 0.312% of the issued capital. There are 183,395,719 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Commencement of Treasury Shares Buyback

GFH Financial Group B.S.C. announced on May 29, 2024, that it has received approval from the Central Bank of Bahrain to repurchase up to 10% of its total issued shares as treasury shares. This decision follows a resolution passed by the company's Ordinary General Meeting on March 24, 2024. The share repurchase will commence on May 30, 2024. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

1. Attached Document

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CashwariyaRai

Commented on AkSharesKumars Transaction regarding GFH Financial Group B.S.C.

Impressive move! GFH Financial Group has potential. Diversifying into Financials could balance out your Industrials. Keep an eye on market trends. Best of luck! 🌟