Morabaha Marina Financing Co.

Morabaha Marina Financing Co., a financial entity, specializes in providing non-bank financing solutions in the Kingdom of Saudi Arabia. The company's primary function is to facilitate consumer and business financing through shariah-compliant services, most notably through the use of the Murabaha contract, a mark-up sale agreement favored in Islamic finance. By adhering to these principles, the company supports individual consumers and small to medium enterprises (SMEs) who seek financial support without engaging in interest-based loans. This aligns with the broader Islamic finance market, which emphasizes ethical investments and transactions that are compliant with Islamic law. Morabaha Marina Financing Co.'s role is significant in promoting financial inclusion and supporting economic growth within the region, specifically targeting sectors that value and require shariah-aligned financial products. It contributes to the diversification of the financial services industry in Saudi Arabia, complementing traditional banking services and supporting the Vision 2030 initiative by facilitating access to finance in a responsible and ethical manner.