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 announced the sale of 87,998,442 treasury shares, which represent 2.30% of its total issued shares, to Arzan Financial Group for Financing and Investment and its related parties. As a result of this transaction, the total treasury shares retained by the Group will be 174,438,216, accounting for 4.55% of the total issued shares. Additionally, the total shares sold to Arzan Financial Group and its related parties will amount to 117,610,197 shares, representing 3.07% of the issued shares. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
On July 8, 2025, GFH Financial Group B.S.C. announced that following unusual trading activity of its shares on Boursa Kuwait, there is no additional undisclosed material information that needs to be reported. This statement is in compliance with the instructions from Boursa Kuwait and the provisions of Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.
On June 23, 2025, GFH Financial Group B.S.C. announced that it has withdrawn the credit ratings assigned to it by Capital Intelligence Ratings. The decision was made because the group currently relies on credit ratings from two leading global agencies, Fitch Ratings and Standard & Poor's Global Ratings (S&P). The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering, and was officially documented with the company seal.
GFH Financial Group announced that Capital Intelligence Ratings has affirmed the company's credit ratings with a stable outlook. The long-term and short-term foreign currency ratings were confirmed at "BB-" and "B," respectively. Additionally, Capital Intelligence Ratings has withdrawn the ratings at the request of GFH Financial Group. The company stated that there is no expected financial impact of this credit rating on its business or financial position. The future outlook for the company remains stable.
GFH Financial Group B.S.C. announced that following unusual trading activity of its shares on Boursa Kuwait on June 17, 2025, there is no new material information requiring disclosure, except for the sale of 30 million treasury shares through Boursa Kuwait. This announcement aligns with Boursa Kuwait's instructions and the Capital Markets Authority's disclosure regulations.
GFH Financial Group has announced the sale of 30,000,000 treasury shares, which represent 0.783% of its total issued shares. As a result of this transaction, the total number of treasury shares held by the Group will be 182,402,418, accounting for 4.76% of the total issued shares. The announcement was made by Mariam Jowhary, the Head of Compliance and Anti-Money Laundering.
GFH Financial Group B.S.C. has announced a Board of Directors meeting scheduled for Wednesday, 13 August 2025, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the second quarter of 2025 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
On June 11, 2025, GFH Financial Group B.S.C. issued a clarification regarding rumors circulating on social media about a potential merger with Shuaa Capital. GFH stated that these rumors are false, confirming that there are no discussions or agreements regarding such a merger, and no negotiations or arrangements have been made with Shuaa Capital. There is no impact from this clarification, and there are no previous relevant disclosures. 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: Post share buyback announcement

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.

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

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

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.

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

Disclosure: Post share buyback announcement

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.

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

Disclosure: Post share buyback announcement

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.

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

Disclosure: Post share buyback announcement

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

Disclosure: Post share buyback announcement

GFH Financial Group has announced the purchase of 4,689,300 treasury shares, increasing its total treasury shares from 181,767,200 (4.74% of total issued shares) to 186,456,500 (4.87% of total issued shares) as of April 9, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.2842 USD per share, representing 0.122% of the issued capital. There are 196,802,883 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

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

Disclosure: Post share buyback announcement

GFH Financial Group announced the purchase of 2,440,000 treasury shares, increasing its total treasury shares from 179,327,200 (4.68% of total issued shares) to 181,767,200 (4.74% of total issued shares) as of April 8, 2025. The board of directors made the purchase decision on March 24, 2025, and the relevant authority approved it on February 16, 2025. The average purchase price was 0.2853 USD per share. The number of shares remaining for potential purchase is 201,492,183. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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

Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. has announced the purchase of 1,775,000 treasury shares, increasing its total holding of treasury shares from 177,552,200 (4.63% of total issued shares) to 179,327,200 (4.68% of total issued shares) as of April 7, 2025. The decision to purchase was made by the board of directors on March 24, 2025, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.2773 USD per share, representing 0.046% of the issued capital. There are 203,932,183 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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

Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. announced that it has purchased 3,627,250 of its own treasury shares, increasing its total treasury shareholding from 173,924,950 shares (4.54% of total issued shares) to 177,552,200 shares (4.63% of total issued shares) as of April 6, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2025, and received the necessary authority approval on February 16, 2025. The average purchase price was 0.2860 USD per share, representing 0.095% of the issued capital. There are 205,707,183 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

1. Attached Document

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

Disclosure: Post share buyback announcement

GFH Financial Group announced that it has purchased 1,110,000 of its own shares, increasing its total treasury shares from 172,814,950 to 173,924,950, which now represents 4.54% of the total issued shares as of April 3, 2025. The decision to purchase was made by the board of directors on March 24, 2025, with the purchase approved by the relevant authority on February 16, 2025. The shares were bought at an average price of 0.2995 USD, representing 0.029% of the issued capital. There are 209,334,433 shares remaining for potential purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document