Morabaha Marina Financing Company provides digital financial services and offers financing solutions through tawarruq, leasing, and murabaha products. The company operates through Retail, SMEs, and Digital Payments segments, providing finance leasing, consumer financing, as well as electronic commerce payments and wallet services.
The company was founded in 2012 and is headquartered in Riyadh, the Kingdom of Saudi Arabia. MRNA has a head office in Riyadh and 15 branches located in 13 cities across the Kingdom. The company is a public company, listed on Saudi Exchange "Tadawul" since June 2023, with the IPO raising gross proceeds of SAR 312.85 million and a market capitalization of SAR 1.04 billion at the time of listing.
MRNA operates within the Financials - Non-Banks sector focusing on Other Financial Services. The company issued five-year Series 1 Sukuk in February 2018 as part of its Sukuk Issuance Program to accelerate growth plans and strengthen financing capacity.
Recent Leadership News
In July 2026, Morabaha Marina Financing Company announced the appointment of the Chairman and Vice Chairman of the Board for the new term.
Facts compiled by Executive Moves from publicly available news and press releases on 10 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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