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GFH Bank Closes $63 Million Sharia-compliant Investment Fund

MT Newswires·10/16/2026 01:18:25
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01:18 AM EDT, 10/16/2026 (MT Newswires) -- GFH Bank (DFM:GFH, ADX:GFH) announced the closing of its $63 million Sharia-compliant Power Systems Opportunities Fund to invest in critical electricity grid infrastructure across North America and Europe. The fund will support utility products manufacturer MacLean Power Systems and high-voltage engineering and construction services company H&MV Engineering, according to a Thursday release. The Dubai- and Abu Dhabi-listed banking group said the closing is expected to have a positive impact on its financials and boost returns.