The Saudi Central Bank has approved the Morabaha Marina Financing Company's request to renew its license to conduct financing activities in Saudi Arabia for five years, ending on November 16, 1450 AH. The activities covered by the license include mortgage financing, productive asset financing, financing small and medium-sized business operations, financial leasing, and consumer financing. The announcement was made today, Thursday, July 13, 1445 AH, or January 25, 2024 AD.
