GFH Financial BSC : Credit Rating Disclosure

CMP/JUN/2024/0009

				ف
				ئﺎﻤﺘﺋإ ﻒ�نﺼﺗ ﻦﻋ حﺎﺼﻓإ
				ي
			Announcement on Credit Rating
	Date		04/06/2024			ﺦﯾرﺎﺗﻟا
	Name of Listed		.ب .م .ش ﺔﯾﻟﺎﻣﻟا شﺗإ فإ ﻲﺟ ﺔﻋوﻣﺟﻣ		ﺔﺟردﻣﻟا ﺔﻛرﺷﻟا مﺳإ
	Company		GFH Financial Group B.S.C.
	Trading Code		GFH			لوادﺗﻟا زﻣر
	Name of the Credit			ﺔﯾﻣﻟﺎﻌﻟا شﺗﯾﻓ ﺔﻟﺎﻛو			/ فﯾﻧﺻﺗﻟا ﺔﮭﺟ مﺳا
	Rating Agency			Fitch Ratings			ﻲﻧﺎﻣﺗﺋﻻا فﯾﻧﺻﺗﻟا ﺔﻟﺎﻛو
	Credit Rating		دﻧﻋ ﺔﻋوﻣﺟﻣﻠﻟ دﻣﻷا ةرﯾﺻﻗو ﺔﻠﯾوط ﺔﯾﻟﺎﻣﻟا تﺎﻣازﺗﻟﻻﺎﺑ ءﺎﻓوﻟا ﻰﻠﻋ ةردﻘﻟا فﯾﻧﺻﺗ دﯾﻛﺄﺗ
		لﯾوطﻟا ىدﻣﻟا ﻰﻠﻋ ةرﻘﺗﺳﻣ ﺔﯾﻠﺑﻘﺗﺳﻣ ةرظﻧ ﻊﻣ "B" ىوﺗﺳﻣ
	Classification			فﯾﻧﺻﺗﻟا تﺎﺋﻓ
		Long and Short-Term Issuer Default Rating (IDR) at 'B' with the
	Categories
		Outlook on the Long-Term IDR as 'Stable'
			ﺔﯾﻣﻟﺎﻌﻟا شﺗﯾﻓ ﺔﻟﺎﻛو نأ قاوﺳﻷاو نﯾﻣھﺎﺳﻣﻟا ةدﺎﺳﻟا مﻼﻋإ ﺔﯾﻟﺎﻣﻟا شﺗإ فإ ﻲﺟ ﺔﻋوﻣﺟﻣ دوﺗ
			ﺔﯾﻟﺎﻣﻟا تﺎﻣازﺗﻟﻻﺎﺑ ءﺎﻓوﻟا ﻰﻠﻋ ةردﻘﻟا فﯾﻧﺻﺗ دﯾﻛﺄﺗ ةدﺎﻋﺈﺑ تﻣﺎﻗ ﻲﻧﺎﻣﺗﺋﻻا فﯾﻧﺻﺗﻠﻟ ﺔﯾﻟودﻟا
			ىدﻣﻟا ﻰﻠﻋ ةرﻘﺗﺳﻣ ﺔﯾﻠﺑﻘﺗﺳﻣ ةرظﻧ ﻊﻣ "B" ىوﺗﺳﻣ دﻧﻋ ﺔﻋوﻣﺟﻣﻠﻟ دﻣﻷا ةرﯾﺻﻗو ﺔﻠﯾوط
			ﺔﻐﻟﺎﺑﻟا ﺔﻋوﻣﺟﻣﻟا كوﻛﺻﻟ نوﻣﺿﻣﻟا رﯾﻏ لﺟﻷا لﯾوط	فﯾﻧﺻﺗﻟا شﺗﯾﻓ تدﻛأ ﺎﻣﻛ .لﯾوطﻟا
	A simple		دﻧﻋ ةدودﺣﻣﻟا كوﻛﺻﻠﻟ شﺗإ فإ ﻲﺟ ﺔﻛرﺷ نﻋ ةردﺎﺻﻟا ﻲﻛﯾرﻣأ رﻻود نوﯾﻠﻣ 500
				.'B'/'RR4' ىوﺗﺳﻣ
	explanation of the						فﯾﻧﺻﺗﻠﻟ طﺳﺑﻣ حرﺷ
	Credit Rating		GFH Financial Group would like to inform its shareholders and the
			ﮫﺗﻻﻻدو ردﺎﺻﻟا
	Classification issued		markets that Fitch Ratings, the international credit rating agency, has
	and its implications		affirmed its Long-andShort-Term Issuer Default Rating (IDR) at 'B'
			with the Outlook on the Long-Term IDR as Stable. Fitch has also
			affirmed the 'B'/'RR4' senior unsecured Long-Term Rating of the
			Group's US$500 million certificates issued through GFH Sukuk
			Company Limited (GFH SCL).
	The expected
	financial impact of						ﻊﻗوﺗﻣﻟا ﻲﻟﺎﻣﻟا رﺛﻷا
	the Credit Rating
			ﻖﺑطﻧﯾ ﻻ			ﺞﺋﺎﺗﻧ ﻰﻠﻋ فﯾﻧﺻﺗﻠﻟ
	Classification on the
			Not applicable			ﻲﻟﺎﻣﻟا زﻛرﻣﻟاو لﺎﻣﻋأ
	company's business
						ﺔﻛرﺷﻠﻟ
	and financial
	position
	Future outlook (as						ﺔﻛرﺷﻠﻟ ﺔﯾﻠﺑﻘﺗﺳﻣﻟا ةرظﻧﻟا
	per the Credit			ةرﻘﺗﺳﻣ
					فﯾﻧﺻﺗﻟا ﺔﮭﺟ يأر بﺳﺣ)
	Rating Agency)			Stable
					(ﻲﻧﺎﻣﺗﺋﻻا
	about the company

			يذﻟا درطﻣﻟا مدﻘﺗﻟا ءوﺿ ﻲﻓ ﺔﻋوﻣﺟﻣﻟا تﺎﻔﯾﻧﺻﺗ ﻰﻠﻋ شﺗﯾﻓ ﺔﻟﺎﻛو دﯾﻛﺄﺗﺑ ةرورﺳﻣ ةرادﻹا
			ﺔﻠﺻاوﻣ ﻰﻟإ ةرادﻹا ﻊﻠطﺗﺗ ﺎﻣﻛ .ﺔﯾﺳﺎﺳﻷا لﺎﻣﻋﻷا طوطﺧ رﺑﻋ هزارﺣإ ﺔﻋوﻣﺟﻣﻟا لﺻاوﺗ
	Summary of the		ﻲﻓ ىوﻗأ ءادأو ﺞﺋﺎﺗﻧ ﻖﯾﻘﺣﺗ فدﮭﺑ ﺔﻋوﻣﺟﻣﻟا ﺔﯾﺟﯾﺗارﺗﺳا ذﯾﻔﻧﺗو مدﻘﺗﻟا اذھ ﻰﻠﻋ ءﺎﻧﺑﻟا
			.ﺔﻣدﺎﻘﻟا تارﺗﻔﻟا
	official statement
					ﻲﻣﺳرﻟا ﺢﯾرﺻﺗﻟا صﺧﻠﻣ
	issued by the		The management are pleased with Fitch's affirmation of GFH's
			نﺄﺷﺑ ﺔﻛرﺷﻟا نﻋ ردﺎﺻﻟا
	company regarding
		ratings in light of the steady progress the Group continues to make		فﯾﻧﺻﺗﻟا
	the Classification of
		across its core business lines. Management looks	forward to
	the Credit Rating
		continuing building on this progress and executing the Group's
			strategy with a view to deliver strengthened results and performance
			in the forthcoming periods.
	Press release or		رﯾرﻘﺗﻟا لﺟأ نﻣ فﯾﻧﺻﺗﻟا ﺔﻟﺎﻛو ﻊﻗوﻣ ﻰﻟا عوﺟرﻟا نﺎﻛﻣﻹﺎﺑ		وأ ﻲﻔﺣﺻﻟا ﺢﯾرﺻﺗﻟا
		You may refer to the agency's website for the report
	executive summary			يذﯾﻔﻧﺗﻟا صﺧﻠﻣﻟا
		https://www.fitchratings.com/site/pr/10273195

	Name	Mariam Jowhary		يﺮﻫﻮﺟ ﻢ��ﻣ		ﻢﺳﻹا
				ت		ف
	Title	Head of Compliance & AML		ف		��ﻇﻮﻟا �ﺴﻤﻟا
		لاﻮﻣﻻا ﻞ�ﺴﻏ ﺔﺤﻓﺎكﻣو ما�ﻟﻹا ﺲ�ﺋر
						ي
		ش		Signature ﻊﻴﻗﻮﺘﻟا
	Company Seal ﺔﻛ�ﻟا ﻢﺘﺧ