MRNA gets SAMA approval on renewing financing activities license

25/01/2024 Argaam
Logo ofMorabaha Marina Financing Co. (MRNA)

Logo of Morabaha Marina Financing Co. (MRNA) 

Morabaha Marina Financing Co. (MRNA) received today, Jan. 25, the Saudi Central Bank’s (SAMA) approval on renewing its license to practice financing activities in Saudi Arabia for five years ending on March 31, 2029.

 

In a statement to Tadawul, MRNA said the license covers mortgage financing, productive asset financing, financing the activity of small and medium enterprises, financial leasing, and consumer financing.

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