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 will host a webcast for its second quarter 2025 financial results on Thursday, August 14, 2025, at 1:00 pm Bahrain time. The webcast will cover the financial period ending June 30, 2025. Shareholders and investors are invited to attend. Mariam Jowhary, Head of Compliance and Anti-Money Laundering, has signed the announcement.
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.

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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 2,950,000 of its own shares, increasing its treasury shares from 343,317,303 (8.96% of total issued shares) to 346,267,303 (9.03% of total issued shares) as of March 20, 2025. 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 USD 0.31 per share, and the shares purchased represent 0.07% of the issued capital. There are 36,992,080 shares remaining for 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: Post share buyback announcement

GFH Financial Group B.S.C. announced the purchase of 2,922,680 of its own shares, increasing its total treasury shares from 340,394,623, which represented 8.88% of the total issued shares, to 343,317,303, representing 8.96% as of March 19, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The average purchase price was USD 0.3157 per share, and the purchased shares represent 0.07% of the issued capital. There are 39,942,080 shares remaining for purchase. Mariam Jowhary, Head of Compliance & AML, is the contact person for this announcement.

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

Disclosure: Assignment of Acting Chief Financial Officer

On March 19, 2025, GFH Financial Group B.S.C. announced the appointment of Mr. Bhaskar Mehta, the Chief Risk Officer, as the Acting Chief Financial Officer. This appointment follows the departure of Mr. Surya Hariharan from the position of Group Chief Financial Officer. Mr. Mehta will serve as Acting CFO until a permanent replacement is found. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

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

Disclosure: Assignment of Board Secretary

GFH Financial Group B.S.C. announced the appointment of Mr. Pietro De Libero as the Board Secretary in addition to his responsibilities as the Chief Legal Officer.

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

Disclosure: Post share buyback announcement

On March 18, 2025, GFH Financial Group announced the purchase of 2,794,000 treasury shares, increasing its total treasury shares from 337,600,623 (8.81% of issued shares) to 340,394,623 (8.88% of issued shares). The decision to purchase was made by the company's board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was USD 0.3146 per share, and the purchased shares represent 0.07% of the issued capital. There are 42,864,760 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 that it has purchased 2,840,000 of its own treasury shares, increasing its total treasury shares from 334,760,623 (8.73% of total issued shares) to 337,600,623 (8.81% of total issued shares) as of March 17, 2025. The decision to purchase these shares was made at a board meeting on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3151 USD per share, representing 0.074% of the issued capital. There are 45,658,760 shares remaining for potential 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 B.S.C. announced that it has purchased 1,000,000 of its own treasury shares, increasing its total holding of treasury shares from 333,760,623 (8.71% of total issued shares) to 334,760,623 (8.73% of total issued shares) as of March 16, 2025. The decision to purchase 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 0.3139 USD per share, and the shares purchased represent 0.026% of the issued capital. There are 48,498,760 shares remaining 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 has announced the purchase of 4,730,000 treasury shares, increasing its total treasury shares from 329,030,623 (8.59% of total issued shares) to 333,760,623 (8.71% of total issued shares) as of March 14, 2025. The decision was made at a board meeting on February 24, 2025, with approval from the relevant authority on February 16, 2025. The average purchase price was 0.3124 USD per share, and the purchased shares represent 0.123% of the issued capital. There are 49,498,760 shares remaining for 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: Postponing General Assembly

On 13th March 2025, GFH Financial Group announced that the Ordinary and Extraordinary General Meetings scheduled for that day did not achieve the required quorum, with only 39.03% attendance. As a result, the meetings have been rescheduled for 20th March 2025 at 9:30 p.m. at the same location. The company also provided updated dividend distribution dates, contingent on the quorum being met on the new meeting date. The key dates include the General Meeting on 20th March, the Cum-Dividend Date on 24th March, the Ex-Dividend Date on 25th March, and the Payment Date on 9th April 2025. The record dates vary for different stock exchanges. Mariam Jowhary, Head of Compliance & AML, signed the announcement.

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

Disclosure: Arqam Capital and First Abu Dhabi Securities Coverage report on GFH

Arqaam Capital and First Abu Dhabi Securities have issued an analyst coverage report on GFH Financial Group B.S.C. shares. The report, which is attached, includes recommendations, estimates, forecasts, and opinions provided by third-party analysts for informational purposes only. These recommendations do not represent an endorsement or financial advice from GFH Financial Group and are subject to continuous review and change. There is no expected financial impact from this announcement. The announcement is signed by Mariam Jowhary, Head of Compliance & AML, and includes the company seal.

1. Attached Document