Logo ofMorabaha Marina Financing Co. (MRNA)
Morabaha Marina Financing Co. (MRNA) completed the regulatory procedures related to the board of directors of its subsidiary, Digital Payment Co. (Loop), after receiving the required non-objection from the Saudi Central Bank (SAMA) for the board members. 
The company also finalized the registration and update of the board of directors’ information in the subsidiary’s commercial registration on Aug. 17, according to a statement to Tadawul.
The board comprises Chairman Naif Al-Maiman and Vice Chairman Abdulrazzaq Al-Abdulkarim, as well as board members Saeed Abdullah, Saud Al-Sultan, and Yazeed Al-Babtain.
According to Argaam data, MRNA said in May that it was unable to publish its interim financial results for the first quarter of 2026 within the regulatory timeframe because it had not completed the procedures to approve Loop’s new board.
MRNA earlier published its interim financial results for Q1 2026 on June 17.
Logo ofMorabaha Marina Financing Co. (MRNA)
Morabaha Marina Financing Co. (MRNA) completed the regulatory procedures related to the board of directors of its subsidiary, Digital Payment Co. (Loop), after receiving the required non-objection from the Saudi Central Bank (SAMA) for the board members.
The company also finalized the registration and update of the board of directors’ information in the subsidiary’s commercial registration on Aug. 17, according to a statement to Tadawul.
The board comprises Chairman Naif Al-Maiman and Vice Chairman Abdulrazzaq Al-Abdulkarim, as well as board members Saeed Abdullah, Saud Al-Sultan, and Yazeed Al-Babtain.
According to Argaam data, MRNA said in May that it was unable to publish its interim financial results for the first quarter of 2026 within the regulatory timeframe because it had not completed the procedures to approve Loop’s new board.
MRNA earlier published its interim financial results for Q1 2026 on June 17.
