Morabaha Marina Financing Company
TTADAWUL:40827.32
SAR
-0.53
(-6.75%)
ISIN
SA15QG71VP17
Return %
Stock
S&P 500
1Y
-29.07
14.20
3Y
-31.33
81.12
5Y
- -
68.34
Capital Structure
SAR
•
in mil. unless spec.Working Capital
SAR
•
in mil. unless spec.Growth Rates
SAR
•
in mil. unless spec.Quarterly Revenue
SAR
•
in mil. unless spec.Quarterly Earnings Per Share
SAR
•
in mil. unless spec.Quarterly Dividends Per Share
SAR
•
in mil. unless spec.Company Description
- CEO
- Turki Mohammed Albaiz
- Full Time Employees
- 25
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Northern Ring branch Riyadh Riyadh Province Saudi Arabia 12385
- IPO Date
- Jun 21, 2023
- Website
- mrna.sa
- Similar Companies
- Business
- Morabaha Marina Financing Company (4082.SR), also known as Murabaha Flexible Financing or Mrna, is a Saudi joint stock company engaged in providing Shariah-compliant financing solutions to individuals, small and medium-sized enterprises (SMEs), and consumers in the Kingdom of Saudi Arabia. Incorporated in 2012 and headquartered in Riyadh, the company operates through Retail, SMEs, and Digital Payments segments, offering products including Tawarruq, Ijarah leasing, Murabaha financing, consumer finance leasing, personal financing, auto financing, car leasing, SME financing, and electronic commerce services via its majority-owned subsidiary Digital Payments Company for FinTech (Loop), which provides licensed digital payment solutions and electronic wallets. It maintains a network of 16 branches across 13 cities, with distribution partnerships including Saudi Post, Riyad Bank, and the Small and Medium Enterprises General Authority (Monshaat); capital stands at SAR 714.3 million. Recent developments include its initial public offering and listing on the Saudi Exchange's main market in June 2023 under ticker 4082, a strategic partnership with HungerStation Limited announced in April 2023 to market financing products and fintech services costing SAR 250,000, the 2022 acquisition of an 80% stake in Loop to integrate financing with digital payments and support Saudi Arabia's e-payments goals, and ongoing digital transformation efforts to launch payment solutions, enhance risk assessment via apps, and pursue deposit-taking capabilities targeting SAR 1 billion capital. In 2025, the company reported net losses of SAR 3.2 million in the first nine months amid revenue growth, reflecting market challenges while maintaining focus on portfolio quality and SME support.