MANAMA: GFH Financial Group (GFH) has launched and seeded a $100 million sukuk fund which holds a diversified portfolio of sukuk following signing agreement with Credit Suisse to provide attractive financing and fund administration services.
The fund holds a portfolio of sovereign, quasi sovereign and corporate sukuk and sukuk-related securities from various countries and issuers, primarily in the GCC and will be managed in accordance with Sharia principles .