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.

On May 29, 2025, GFH Financial Group B.S.C. announced that Fitch Ratings, an international credit rating agency, has reaffirmed the group's Long and Short-Term Issuer Default Ratings (IDRs) at 'B' with a Stable outlook for the Long-Term IDR. Additionally, Fitch confirmed the 'B'/'RR4' rating for the group's $500 million senior unsecured Sukuk certificates issued through GFH Senior Sukuk Company Limited. The announcement noted that there is no expected financial impact of this credit rating classification on the company's business or financial position.
On May 27, 2025, GFH Financial Group B.S.C. announced that it has acquired an additional 15.63% of shares in Seef Properties B.S.C., increasing its total ownership to 27.98%. This transaction is expected to positively impact the financials of GFH. There were no previous relevant disclosures related to this acquisition. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
On May 17, 2025, GFH Financial Group B.S.C. announced the purchase of 2,080,000 treasury shares, increasing its total treasury shares from 210,322,418 (5.49% of total issued shares) to 212,402,418 (5.54% of total issued shares) as of May 16, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3078 SDU, and the purchased shares represent 0.054% of the issued capital. There are 170,856,965 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 1,800,000 of its own treasury shares, increasing its total treasury shares from 208,522,418 (5.44% of total issued shares) to 210,322,418 (5.49% of total issued shares) as of May 15, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3053 SDU, and the shares purchased represent 0.047% of the issued capital. There are 172,936,965 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On May 14, 2025, GFH Financial Group B.S.C. announced the successful completion of a live webcast session regarding their first-quarter financial results for 2025. This session, initially disclosed in a notification dated May 8, 2025, was held online at 1:00 p.m. Bahrain time. The presentation and script from the webcast are available for reference. The announcement was made by Mariam Jowhary, Head of Compliance and AML, and includes the company seal.
GFH Financial Group B.S.C. announced the purchase of 100,000 treasury shares, increasing its total treasury shares from 208,422,418 to 208,522,418, maintaining a 5.44% share of the total issued shares as of May 14, 2025. The board of directors decided on the purchase on March 24, 2024, and the approval was granted on February 16, 2025. The average purchase price was 0.3053 USD per share, representing 0.003% of the issued capital. There are 174,736,965 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Tuesday, 14th May 2024, at 2:00 pm Bahrain time. During the meeting, they discussed and approved the financial results for the first quarter of 2024, ending on 31st March 2024, along with other internal matters. The financial results for the first quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait on May 13, 2025, there is no additional undisclosed material information beyond what has already been shared by the group. This statement aligns with the guidelines of Boursa Kuwait and the Capital Markets Authority's regulations. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

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

Disclosure: Treasury Shares

The GFH Financial Group has announced the purchase of 2,000,000 of its own shares (treasury shares) on May 7, 2024. This acquisition increases the total holding of treasury shares from 281,729,510 (representing 7.35% of the total issued shares) to 283,729,510 (representing 7.40% of total issued shares). The decision to purchase was made by the company's board of directors in September 2021, with approval from the authority in April 2024. The average purchase price was 0.283 USD per share, representing 0.052% of the issued capital. After this acquisition, 99,529,873 shares remain available for purchase.

1. Attached Document

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

Disclosure: Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

On 06/05/2024, GFH Financial Group B.S.C. announced that they are in ongoing discussions to acquire financing and investment portfolios from Ithmaar Holding B.S.C. The transaction structure and definitive documents are currently being finalized. Ithmaar is also arranging an Extraordinary General Meeting for shareholder approval. The discussions are subject to due diligence and regulatory approvals. Shareholders will be regularly updated on any further developments.

1. Attached Document

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

Disclosure: Treasury Shares

On May 3, 2024, GFH Financial Group announced that it has purchased an additional 1,100,000 of its own shares (treasury shares), increasing its total holding from 280,629,510 shares (7.32% of total issued shares) to 281,729,510 shares (7.35% of total issued shares). The decision to purchase these shares was made by the company's board of directors in September 2021 and approved by the Authority in April 2024. The average purchase price was $0.302 USD per share, representing 0.029% of the issued capital. After this purchase, there are 101,529,873 shares remaining for purchase.

1. Attached Document

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

Disclosure: Treasury Shares

On 1st May 2024, GFH Financial Group B.S.C. announced that it has purchased 27,112,532 of its own shares (treasury shares). This purchase increased the total holding of treasury shares from 253,516,978 shares, representing 6.61% of the total issued shares, to 280,629,510 shares, representing 7.32% of total issued shares. The decision to purchase was made during the company's board meeting in September 2021 and the authority approval for the purchase was given in April 2024. The average purchase price was 0.297 USD per share, which constitutes 0.707% of the issued capital. After this purchase, 102,629,873 shares remain available for purchase. The announcement was made by Mariam Jowhary, the Head of Compliance & AML of the company.

1. Attached Document

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

Disclosure: Treasury Shares

GFH Financial Group B.S.C. has announced the purchase of 38,662,943 of its own shares (treasury shares), increasing its total holding from 214,854,035 (5.61% of total issued shares) to 253,516,978 (6.61% of total issued shares) as of 30th April 2024. The decision to purchase was made in a company board meeting in September 2021, with authority approval obtained in April 2024. The average purchase price was $0.297 USD per share, accounting for 1.009% of the issued capital. There are still 129,742,405 shares remaining for purchase.

1. Attached Document

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

Disclosure: Treasury Shares

GFH Financial Group B.S.C. has announced the purchase of 13,820,630 of its own shares (treasury shares), increasing its total treasury shares from 201,033,405 (5.25% of total issued shares) to 214,854,035 (5.61% of total issued shares) as of 29th April 2024. The decision to purchase was made in a board meeting in September 2021, and the purchase was approved by the Authority in April 2024. The average purchase price was USD 2910 per share. The remaining shares available for purchase are 168,405,348.

1. Attached Document

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

Disclosure: Treasury Shares

On 28th April 2024, GFH Financial Group B.S.C. announced that it had purchased 429,316 of its own shares, also known as treasury shares. This acquisition increased the total holding of treasury shares from 200,604,089 (representing 5.23% of the total issued shares) to 201,033,405 (representing 5.25% of total issued shares). The decision to purchase was made during a board meeting in September 2021 and was approved by the Authority in April 2024. The average purchase price was 0.28 USD per share. After this purchase, the number of shares remaining for purchase is 182,225,978.

1. Attached Document

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

Disclosure: Treasury Shares

GFH Financial Group announced on 26/04/2024 that it has acquired 16,763,304 of its own shares (treasury shares), increasing its total holding from 183,840,785 shares (representing 4.80% of total issued shares) to 200,604,089 shares (representing 5.23% of total issued shares). The decision to purchase was made in a board of directors meeting in September 2021, and the purchase was approved by the Authority in April 2024. The shares were purchased at an average price of 0.283 USD, representing 0.437% of the issued capital. Following this purchase, 182,655,294 shares remain available for purchase.

1. Attached Document

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

Disclosure: Treasury Shares

On April 25, 2024, GFH Financial Group B.S.C. announced that it has purchased 1,791,203 of its treasury shares. This acquisition increases the total holding of treasury shares from 182,049,582 (representing 4.75% of total issued shares) to 183,840,785 (representing 4.80% of total issued shares). The decision to purchase was made during the company's board of directors meeting in September 2021, and the purchase was approved by the Authority in April 2024. The average purchase price was 0.272 USD per share, and the purchased shares represent 0.047% of the issued capital. After this purchase, the number of shares remaining for purchase is 199,418,598. The announcement was signed by Mariam Jowhary, the Head of Compliance & AML.

1. Attached Document

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

Disclosure: Treasury Shares

On 24/04/2024, GFH Financial Group B.S.C. announced that in accordance with the resolution from the Ordinary General Meeting on 24th March 2024, it has been approved to repurchase the Group's shares (treasury shares) up to a maximum of 10% of the total issued shares. The company has obtained approval from CBB to repurchase its shares and will commence the share repurchase from 25th April 2024. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document