Bahrain-based Gulf Finance House (GFH), parent company of Leeds United Football Club owners GFH Capital, has been named the ‘Best Islamic Investment Bank’ for 2012 at the prestigious CFI.co Awards.
Based in the Kingdom of Bahrain, GFH was recognised for its steadfast approach to investing primarily in high quality infrastructure and private equity projects that help provide sustainable growth opportunities in the region.
GFH’s innovative Islamic financial structures and recent recognised restructuring activities for the bank and its projects that benefit all stakeholders have placed GFH as a leading example of modern Islamic finance. Following on from the global financial crisis and bank restructuring, GFH welcomed the successes of 2012, in which it demonstrated resilience and the ability to thrive in all climates, diversity and the scope to compete on the world stage. It returned to profitability and success along with moving to new innovative areas of investment including its subsidiary GFH Capital’s acquisition of Leeds United Football Club.
“We at GFH are proud that the Bank has been recognised and awarded the ‘Best Islamic Bank in Bahrain’ by Capital Finance International,” Hisham Alrayes, Acting CEO of GFH, said.
“Receiving this award is a testament of GFH’s commitment to formulate and operate in niche and profitable areas. Over the years we have earned a formidable reputation for securing innovative investment opportunities that reward investors with excellent returns, in recent years we have excelled in restructuring activities and reigniting the business and we are proud to receive this award in recognition.”
“We always continue to identify and create investment opportunities that balance risk with reward with an aim to provide unique Islamic investment banking offerings to our investors and shareholders.”