Morabaha Marina Financing Company

Equities

4082

SA15QG71VP17

Consumer Lending

Market Closed - Saudi Arabian S.E. 08:20:04 2024-05-27 am EDT 5-day change 1st Jan Change
10.6 SAR +1.34% Intraday chart for Morabaha Marina Financing Company -0.38% -14.38%

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Morabaha Marina Financing Company A Saudi Joint Stock Company is a Saudi Arabia-based company. The Company is engaged in leasing and providing financing facilities to medium and small enterprises and consumers in addition to financing production assets and offering consumer finance. The Company operates approximately 18 branches. The Company’s segments include Retail, which represents financing products granted to individuals’ customers; Small and medium-sized enterprises (SMEs ) segment that represents finance products granted to small and medium sized businesses (SMEs); Digital payments segment represents electronic commerce payments (Bayan) and providing electronic wallet services; and Head office is responsible for managing the surplus liquidity of the Group through short term market placements. It also provides support services to the business functions.
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  5. Correction: Morabaha Marina Financing Posts Decrease in Q1 Net Profit; Revenue Climbs